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Tags : inflation


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Deplorable absence of measures to contain food inflation

THE food inflation that has remained high for more than two years now reached double digits once again in April after a gap of four months. The Bureau of Statistics in its monthly update says that food inflation was 10.22 per cent in April. The surge was, as economists...

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Financial account deficit surges to $9.26 billion

The country’s financial account deficit surged to $9,258 million in July-March, the first nine months of the current financial year 2023–24, against a deficit of $2,928 million in the same period of FY23...

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BoE holds rate at 16-yr high, signals looming cut

The Bank of England on Thursday kept its main interest rate at a 16-year high, but hinted at a cut over the summer as UK inflation cools further and the country looks set to exit recession. 

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Inflation too prickly for BB to sort out with poor measures

INFLATION has remained a prickly issue that the Bangladesh Bank appears not to have been able to control because of its ineffective policies and failures in the implementation of the monetary policy. The Bangladesh Bank Order 1972 lays out that the first and foremost function of the central bank...

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UK worst-performing economy in G7 next year: OECD

The UK will be the worst-performing economy among the G7 next year because of lingering inflation and stubbornly high interest rates, said the Organisation for Economic Cooperation and Development on Thursday...

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German inflation rate unchanged

German inflation was unchanged in April, official data showed Monday, holding at a three-year low as hopes grow that the European Central Bank will soon start cutting interest rates...

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London stocks strike record

London’s FTSE 100 stocks index hit record highs Tuesday, catching up with major global peers that have struck all-time peaks this year as inflation cools...

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Railway authorities mustn’t increase train fares

THE Bangladesh Railway’s decision to increase fares on long routes is worrisome as people are already burdened with unprecedented inflation. The authorities have decided to increase the fares by cancelling the distance-based rebate...

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UK inflation slows less than expected

Britain’s annual inflation rate fell less than expected last month, according to official data Wednesday that could cloud the outlook for interest rate cuts and cause more pain for the government...

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