high inflation in Bangladesh
People need urgent relief from inflation
Their exhausting wait for subsidised essentials is quite telling
No end in sight: low-income families reel from stubborn inflation
The Consumer Price Index grew by an average of 9.73 percent in the first 11 months of the current financial year, which was 8.64 percent during the identical period a year prior, data from the Bangladesh Bureau of Statistics showed.
Inflation hits seven-month high
Inflation, fuelled by higher food prices, climbed 15 basis points to 9.89 percent in May from 9.74 percent a month earlier, figures from Bangladesh Bureau of Statistics showed yesterday.
FY25 budget should focus on the right priorities
The national budget of FY2024-25 is set to be announced at a time when Bangladesh’s economy is going through a difficult phase.
Why are IMF policies failing to stabilise our economy?
Why does macroeconomic instability continue to plague Bangladesh even after partnering with the IMF?
Personal finance / Where should I invest my money?
Amid persistently higher inflation in Bangladesh for more than a year, the low- and middle-income groups are struggling to meet their daily expenses.
Opinion / How do we protect the worst victims of inflation?
The reason for continued high consumer prices in the country despite prices dropping in the international market is a combination of policy and institutional failure.
Inflation over 9% poses concern: BB
On April 2, the World Bank forecast that inflation in Bangladesh might stay elevated at 9.6 percent in fiscal year (FY) 2023-24 before moderating to 8.6 percent in FY 2024-25.
Analysis / Inflation stays stubborn despite rate hikes. Can it be tamed?
Even rate hikes cant tame a raging inflation, so what is the solution ?
South Asian nations succeeded in taming inflation. Bangladesh, not so much
Most South Asian countries succeeded in reining inflation in 2023 in a major relief for their populations who struggled after prices spiralled owing to the shocks stemming from the lingering impacts of the coronavirus pandemic and the Russia-Ukraine war
Will coming months offer any relief from high inflation?
Food inflation at 12.56 percent in October this year is the highest in a decade
'Market management failure a key factor for higher inflation'
Says CPD’s Mustafizur Rahman
Economic misery to deepen amid political crisis
Most of the macroeconomic indicators of Bangladesh have been in bad shape for the last several months owing to external and internal factors, intensifying people’s suffering as consumer prices surged to record levels.
Fixing the economy: BB drawing up roadmap to tackle 3 key challenges
Bangladesh Bank is preparing a roadmap for the next government to address the three major issues of exchange rate instability, high inflation and high defaulted loan ratio bearing upon the economy.
Take fiscal measures to address inflation
Although Bangladesh Bank is taking several initiatives to reduce inflation, only implementing monetary policies is not enough as fiscal policies also play a big role in this regard, according to the South Asian Network on Economic Modeling (Sanem).
IMF Staff Mission: Concern raised over inflation, reserves, bad loans
The International Monetary Fund staff mission yesterday raised four burning issues in their meetings with the Bangladesh Bank and the finance ministry: foreign currency reserves, inflation, banking sector and revenue collection.
Why Bangladesh failed to contain inflation while others succeeded
While many other countries have managed to reduce inflationary pressure by adopting monetary policy tools, Bangladeshi policymakers have shied away from doing the same.
Workers’ woes won’t end as inflation outpaces wage growth
The cost-of-living crisis seems to have brought more woes for daily workers in Bangladesh than other groups of labourers as their average wage growth has been below the inflation rate for the past two fiscal years.
Budget lacks tools to contain inflation
The measures taken in the proposed budget for the next fiscal year have failed to address the most difficult challenge of containing inflation, and as a result, the suffering of common people will increase further, the Centre for Policy Dialogue (CPD) said yesterday.