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Tags : Inflation


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GDP bounces back, inflation unchanged

The overall rate of inflation remained almost unchanged as it persisted over 9 per cent in March, while the gross domestic product growth bounced back in the second quarter of the current financial year of 2024–25...

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Poverty rises amid inflation, natural shocks 

The proportion of poor households has increased in the country against the backdrop of persistent inflationary pressures along with the natural and human-made factors, according to a study.

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Upcoming budget must prioritise ordinary people’s concerns

AMID growing income inequality, high unemployment rates and unprecedented food inflation, economists have rightly pointed out that the budget for the next financial year should prioritise the economic woes of the ordinary people. Economists in a pre-budget meeting with the finance adviser on March 16 urged the government to create an enabling investment...

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Net sales of savings certificates nosedive in July-Jan

The net sales of national savings certificates (NSCs) continued their downward trend in the first seven months of the current financial year, reflecting the impact of prolonged inflation and shifting investment preferences...

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Delay of LDC graduation sought

The country’s private sector businesses have urged for deferring Bangladesh’s LDC graduation for at least 2 to 3 years, considering the prevailing global and local economic challenges, including a shortage of energy, high inflation, high interest rates and complexities in obtaining credit from banks...

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Food inflation 11-month low 

The rate of the overall inflation eased further to 9.34 per cent in February with food prices dropping both in rural and urban areas to 11 months low.

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High inflation indicates a fragile national economy

BRITISH economist Lionel Charles Robbins said in the 80s, ‘If the average inflation of a country exceeds 4.2 per cent, then there is no more economy in that country.’ Inflation was 4.6 per cent in the last fiscal year of the Bangladesh Nationalist Party-led four-party coalition government. Inflation started increasing after the authoritarian leader Sheikh Hasina came to power...

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Inflation can be reduced to 6-7pc in next fiscal, says economist Zahid

Zahid Hussain, a prominent figure and former lead economist at the World Bank’s Dhaka office, has expressed optimism that the general point-to-point inflation rate could be reduced to between 6 to 7 per cent in the next fiscal year (FY26) if the country does...

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Compromised diet likely to make lasting, adverse effect

A LOW intake of animal protein by the large majority of people because of serious erosion in their purchasing power consequent on persistent high inflation is worrying. High inflation, which has remained more than 10 per cent for months, has pushed many people below the poverty threshold while the number of extreme poor has increased. Inflation...

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Lagging behind in inflation control

PRICES of most food items have remained unusually high for a couple of years. Low- and middle-income people mostly suffer because of increase in goods prices. They survive on credit or...

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Effective measures needed to fight inflation, rising poverty

THIS is highly worrying that inflation, especially food inflation, has pushed about 10 per cent of the population, 1.78 crore people, either into poverty or at risk of poverty in 2022–2024. A Research and Policy Integration for Development study has also identified that the segment of people living in extreme poverty has increased from 5.65 per cent in 2022 to 7.95 per cent in...

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High inflation drives 1.78cr people towards poverty

The erosion of purchasing power caused by high inflation between 2022 and 2024 has significantly deepened poverty and vulnerability, driving an additional 1.78 crore people in the country into poverty or at risk of poverty, according to a study...

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US Fed expected to cut rates in last meeting of Biden era

The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank’s last meeting of Joe Biden’s presidency...

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US wholesale prices pick up in Nov

US producer inflation climbed in November, government data showed Thursday, logging its biggest year-on-year increase since February 2023 as food costs jumped...

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Asia Pacific growth to remain steady in 2025: MEI report

The Asia Pacific region’s growth in the forthcoming year will remain at 2024 levels, according to Mastercard Economics Institute’s recently published economic outlook for the year 2025, which also forecasted that inflation and interest rates would ease offering relief to consumers and households...

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Inflation, investment stagnation remain as concerns: Mintoo

Former Federation of Bangladesh Chamber of Commerce and Industry president Abdul Awal Mintoo on Monday cautioned that high inflation was likely to persist, and investments in Bangladesh could stagnate in the coming years...

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Russian economy shows signs of slowdown, top banker warns

The Russian economy is showing ‘significant’ signs of a slowdown in some sectors as it grapples with waning growth and high inflation, the head of the country’s biggest lender warned Friday...

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Economy recovering, but challenges remian: MCCI

Bangladesh’s economy has been gradually recovering from the recent political instability in the first quarter of the 2024-25 financial year, but, several challenges such as high inflation, reduced export activity, shortfall in revenue collection, diminished job opportunities and sluggish investment climate need to be addressed, said the Metropolitan Chamber of Commerce and Industry, Dhaka...

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