S Korea surprises with 2nd successive rate cut
South Korea鈥檚 central bank cut interest rates Thursday for the second time in a row in a surprise move, citing stabilising inflation and the need to mitigate growing economic risks...
Tags : Inflation
German inflation rises above 2pc in Nov
German inflation rose slightly in November, climbing back above the European Central Bank鈥檚 two-per cent target, according to preliminary data released Thursday...
Low, middle income people endure long queues
People from lower to middle-class backgrounds endure long queues at the open market sales points of Trading Corporation of Bangladesh in Dhaka city as rising inflation pushed essential commodity prices higher...
UK annual inflation jumps on higher energy bills
Britain鈥檚 annual inflation rate jumped more than expected in October to back above the Bank of England鈥檚 target as households and businesses faced higher energy bills, official data showed Wednesday...
Stability restored in inflationary trend: Salehuddin
Finance adviser Salehuddin Ahmed has said although the interim government inherited high inflationary trend from the previous regime, stability has been restored due to various steps of the government.
Global stocks diverge as traders weigh future Fed cuts
Stock markets diverged on Thursday as investors digested US inflation data that supported the case for another interest rate cut next month, while worries over Donald Trump鈥檚 presidency clouded optimism...
US producer inflation edges higher in October
US wholesale prices rose slightly in October, according to government data published Thursday, as an increase in services inflation pushed up the overall figure...
Global stocks diverge as Trump fears build
Global stock markets diverged Wednesday as traders fret over the impact of Donald Trump鈥檚 presidency on the Chinese and global economies, with fears that his policies could also reignite US inflation...
China consumer prices rise at slower rate in October
China鈥檚 consumer inflation rate slowed in October, official data showed Saturday, in a sign that demand remains sluggish in the world鈥檚 number two聽economy.
Inflation in Bangladesh back in double聽digits
The double-digit inflation, after a gap of one month, in October has prompted the interim government to withdraw the single borrower exposure limit for imports of essential items such as...
Reducing services sector costs
BANGLADESH is facing significant inflationary pressures, with the general inflation rate reaching a 12-year high of 11.66 per cent in mid-2024 (Bangladesh Market Monitor, July 2024, UN). Food inflation has surged even higher, hitting around 14.1 per cent due to a range of factors, including supply chain disruptions and global market volatility...
Bangladesh Bank makes money costlier to curb inflation
The Bangladesh Bank on Tuesday increased the policy rate by 50 basis points to 10 per cent with the aim of tightening money supply to control inflation.
Surge in essentials鈥� prices behind high inflation in July-Sept: BB
A surge in prices of commodities became a major contributor to high inflation in July-September, according to a Bangladesh Bank report.
Japan鈥檚 core inflation rate slows in Sept
Japanese inflation slowed in September with prices up 2.4 per cent on-year, not including volatile fresh food, official data showed Friday.
UK inflation hits 3-yr low
Britain鈥檚 annual inflation rate fell to a three-year low in September, official data showed Wednesday, fuelling speculation that the Bank of England will resume cutting...
Inflation, low job harm worker welfare: WB
High inflation and reduced employment have worsened family welfare, with industry and service sector workers hit hardest, the World Bank said in its latest Bangladesh Development Update...
Tackling syndicate control and inflation
BANGLADESH鈥橲 food price inflation has become a crippling burden on millions of low-income households. Food inflation is largely driven by unchecked syndicates that exploit supply chains. The prices of staples such as rice, eggs, and chicken have surged dramatically, with rice increasing by Tk 6鈥�8 per kilogram in the last two months and broiler chicken...
China consumer prices rise at slower rate in September
China鈥檚 consumer inflation rate slowed in September, official data showed Sunday, in a sign that demand remains fragile in the world鈥檚 number two economy...
US producer inflation unchanged in Sept
US wholesale prices were unchanged in September, according to government data published Friday, as a small rise in the cost of services was offset by falling goods prices.
US, Europe stocks fall on US inflation data
Shares slipped in New York and Europe Thursday as the latest US inflation report strengthened the case for a slower pace of interest rate cuts...
Govt should immediately attend to food inflation
PERSISTENT food inflation was a major issue that aggrieved people, especially low- and fixed income people, who were disappointed about inadequate regulatory measures and took to the streets during the Awami League鈥檚 rule. Low-income people, who were one major group that actively participated in the July uprising...
Call for health research reforms
THE Awami League government, before its downfall on August 5, had revised the budget on June 6 allotting, Tk 414,080 million in the 2025 financial year, with a 9 per cent increase from the 2024 budget to accommodate macroeconomic challenges sucg as pandemic, price inflation and banking sector instability in banking. The health budget accounted for...
Turkey anti-inflation steps don鈥檛 go far enough, experts warn
Although Turkish inflation slowed in September, it is still raging out of control with the government avoiding difficult decisions that could help tackle it, experts told AFP...
Path to economic resilience
INFLATION, driven by a combination of domestic factors such as rising consumer demand, structural inefficiencies and global factors such as fluctuating commodity prices and exchange rate volatility, is a persistent and complex challenge for Bangladesh. Inflation directly affects the purchasing power of households, influences business decisions and increases uncertainty...
General point to point inflation eased to 9.92pc
The general point-to-point inflation rate eased further last month as it reached 9.92 per cent in September down from 10.49 per cent in August, 2024 due to downtrend in both food and non-food inflation...
Policy rate hike for long to hit pvt sector investment: DCCI
Dhaka Chamber of Commerce and Industry president Ashraf Ahmed on Saturday said that the policy of higher interest rates and tighter liquidity management adopted by the government to control inflation should be reversed after December, otherwise private sector investments would decline, hindering new job creation...
Inflation to rise to 10.1% in Bangladesh in FY 25: ADB
The Asian Development Bank, in its latest outlook, has projected that inflation in Bangladesh will rise to 10.1 per cent in the fiscal year 2024-25, a significant increase of 3.1 percentage points from its previous estimate made in April.
BB raises policy rate to 10pc to curb inflation
The Bangladesh Bank on Tuesday increased the policy rate by 50 basis points to 9.5 per cent with the aim of tightening money supply to control inflation...
National wage commission is a timely demand
SUCCESSIVE governments have been generally negligent in ensuring minimum wage and labour rights for workers in export-oriented industries. The apparel workers got some policy attention, and their minimum wage was increased from Tk 8,000 to Tk 12,100 in 2023, but the increase is extremely inadequate considering the unprecedented food inflation in the...
Outrageous cost of car-oriented cities
INFLATION is a global problem. As the cost of living continues to rise, it is time to think of creative ways to reduce costs to governments, which could then shift spending to ways that help people survive, and to individuals and families...