Bangladesh inflation
Inflation rises to 10.87 percent in October from 9.92 percent in September
Inflation rises to 10.87 percent in October from 9.92 percent in September
Inflation continues to ease in Sept but still around 10%
Bangladesh’s inflation continued to ease for the second consecutive month in September as prices of both food and non-food items cooled off, according to the statistics bureau.
Inflation to hit double digits by end of FY25: ADB
Inflation is projected to hit double digits at the end of the current fiscal year owing to supply-side disruptions and higher import costs as a result of currency depreciation, according to the Asian Development Bank (ADB).
Food inflation tops 14pc for first time in 13yrs
Bangladesh’s worsening economic crisis has spun off a price shock with food inflation crossing 14 percent in July for the first time in 13 years.
Opinion / IMF’s assessment and the real risks for Bangladesh’s economy
Risk assessments of the kind done by the IMF are not usually done by the government, although it would have been desirable.
Economy in for a double whammy
With inflation edging towards double digits and quarterly GDP growth nearly halving year on year, pressure on consumers is mounting and experts are pointing at even darker clouds.
More steps needed to contain inflation durably: IMF official
The International Monetary Fund (IMF) said that the latest monetary policy adopted by the Bangladesh Bank would help to curb inflation, but added that further measures would be needed to make it durable.
Food makers’ sales growth halves amid higher inflation
Inflation is the leading cause of the slow growth of leading food makers
Inflation shock: A weaker taka accounts for half of it
The pass-through of a sharp depreciation of the local currency accounted for half of the inflation surge seen in Bangladesh in the last financial year, according to the International Monetary Fund (IMF)
Inflation hits five-month high in October despite steps
Inflation once again grazed double digits in October, advancing 30 basis points to 9.93 percent despite the government’s repeated assurances of measures to rein it in.
No good news in investment as well
With major indicators showing stress in the economy, there is no good news in the investment flow too as investors now prefer to stay away from taking new projects or expanding their existing capacity.
Taming the inflation monster in Bangladesh
Inflation in Bangladesh has reached its highest level in a decade and has been a persistent problem for more than 18 months, starting from early last year.
When green chillies become too hot to handle
The green chilli fiasco is not the first such failure to manage the market.
Feeble monetary policy against challenges
Bangladesh Bank yesterday unveiled a wishy-washy monetary policy for the next six months that will prove to be ineffective in tackling the headwinds passing through the economy.
Dollar crisis will ease by January: Salman F Rahman
The ongoing dollar crisis in the country will ease by January next year, said Salman F Rahman, private industry and investment adviser to the prime minister.
Small businesses suffer as sales drop for high inflation
Cottage, micro, small-and-medium enterprises (CMSMEs) in Bangladesh are suffering from significantly lower sales at a time when inflationary pressure has pushed up production costs, according to entrepreneurs.
Firms’ falling profits testify to slowing business, economy
Businesses in Bangladesh went through a tough time in recent months due to a dearer US dollar that pushed up their costs of raw materials and a rocketing fuel bill that contributed to the surge in operating expenses.
Inflation, war eating away food gains
Bangladesh made gains in food production and ensured the availability of rice in recent years. But surging inflation, erratic weather, and the Russia-Ukraine war affected the availability of cereals and reduced low-income people’s access to food this year.
Surging inflation: Savers in a tight spot
Savers are now facing losses on their deposits with banks due to surging inflation, with many solely dependent on interest earnings finding themselves in a tight corner.