Inflation hit 9.05% in May
Citing media reports, she said the move is expected to increase public expenditure by nearly Tk 7,000 crore
Rising prices hurt the poor, forcing cuts to necessities and increasing poverty in Bangladesh.
The caution comes as consumer prices, despite easing in the last two months, have stayed over 9 percent for the 24th month in a row
Inflation declined to 9.32% from January's 9.94%
Bangladesh inflation soared (5.86 percent to 11.38 percent in 2022-2024), driven by global shocks and food prices.
In its latest report released today, the organisation projected inflation will stabilise between 8.5% and 9.5% by June but fall to 6-7% by December
Ministers and members of parliament of the previous government relentlessly blamed “syndicates” for increasing the prices of chicken, eggs and other foods.
Inflation in Bangladesh eased for the second consecutive month in January, driven by stable food prices due mainly to an abundant supply of winter vegetables to the local market.
It was 9.92% in Aug
The workers protesting for a minimum wage of Tk 25,000, but those in power are concocting ways to thwart this mission.
In recent years, Bangladesh has been grappling with a deepening chasm of inequality.
Economist Wahiduddin Mahmud says in meeting with Bangladesh Bank
The Asian Development Bank (ADB) has projected that Bangladesh's inflation will ease to 6.6 percent in the current fiscal year.
This mechanism of hiking prices is not new.
Clearly, the major economic challenges facing Bangladesh are results of inadequate and incorrect policies.
It was 9.76 percent in the previous month. The overall inflation increased by 23 basis points to 9.92 percent in August, according to the Bangladesh Bureau of Statistics (BBS).
Lavrov made strong statements on US interference and Russia’s commitment to working with its partners to prevent any outside “dictates.”
In a highly competitive market like the egg market, one would expect prices to remain stable. They can rise, but over time.
