BB hikes repo rate to contain inflation
The Bangladesh Bank on Sunday increased the policy rate by 50 basis points to 9 per cent with the aim of tightening money supply to control inflation...
Tags : INFLATION
White Paper to be made in 90 days
The interim government has decided to prepare a white paper focusing on public finance, inflation, external balance, energy and power, private investment and employment in the country...
Canada July inflation cools to three-year low of 2.5pc
Canada鈥檚 inflation rate fell 0.2 percentage points in July to 2.5 per cent, its lowest level in more than three years, the national statistical agency said Tuesday...
Government鈥檚 priority is controlling inflation: adviser Wahiduddin
Adviser Wahiduddin Mahmud emphasised on Monday that the government was focused on controlling inflation and was cautious about increasing the money supply...
Net NSC sales dip in FY24
The net sales of national savings certificates further plunged in the 2023-24 financial year compared with that in the previous financial year due to high inflation and...
Argentine monthly inflation reaches low of 4pc
Monthly inflation in Argentina came in at 4 per cent in July, the lowest in 2.5 years even as the annual figure remained one of the highest in the world, the INDEC statistics...
BB governor vows to make money launderers suffer
Bangladesh Bank鈥檚 newly appointed governor, Ahsan H Mansur, on Wednesday vowed to make money launderers suffer and said that combined efforts were needed to recover laundered money...
Global stocks diverge as US inflation data raises rate cut hopes
Global stock markets聽diverged on Wednesday after data showing US consumer price inflation eased last month raised the prospect of a September interest rate cut...
US consumer inflation sees smallest annual rise since 2021
US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates...
Govt to go tough on extortionists, market manipulators
The interim government is going to enhance surveillances to curb market manipulation to check inflation prevailing over a decade high for almost the past two years much to the hardship of fixed and low income groups...
Global stocks diverge, as oil prices cool
Europe鈥檚 main stock markets fell Tuesday after gains in Asia, as attention turned to economic data and its impact on the outlook for interest rates...
Bangladesh鈥檚 inflation in July hits 12-yr high
The overall inflation jumped to 11.66 per cent amid the food price spiral in July, which saw massive student-led demonstrations leading to the ouster of prime minister...
US inflation still 鈥榰ncomfortably鈥� high: Fed official
US inflation remains 鈥榰ncomfortably鈥� above the Federal Reserve鈥檚 target despite the progress it has made in recent months, a senior bank official said Saturday...
Russian economic growth dips in Q2 as inflation rises
The pace of Russia鈥檚 economic growth slowed in the second quarter of 2024, official data showed Friday, amid concerns over stubborn inflation and warnings of 鈥榦verheating鈥�...
Containing food inflation must be high on agenda
A SLIGHT decrease in prices, largely because of an improved supply and a halt in extortion on highways and at markets, comes as a relief amidst the food inflation that has pushed the poor and low-income people into a tight spot. Prices of vegetables decreased by Tk 10鈥�20 a kilogram in the capital on August 9 while prices of chicken and eggs also decreased...
China consumer prices hit 5-month high, top forecasts
Chinese consumer inflation rose more than expected in July to hit a five-month high, data showed Friday, providing some much-needed positive news on the world鈥檚 number-two聽economy...
Finance div prepares economic report for finance adviser
The Finance Division has prepared an update about the economy highlighting the prevailing high inflation and falling forex reserves to submit to the finance adviser of the newly formed interim government led by Nobel laureate Muhammad Yunus...
Turkish inflation falls to 61.78pc in July
Turkey鈥檚 annual inflation rate slowed sharply in July to 61.78 per cent, official data showed on Monday, as the country battles a cost-of-living crisis...
July-Dec MPS unlikely to check inflation: experts
The July-December monetary policy statement declared by the Bangladesh Bank is unlikely to be effective in reducing inflation at the desired level as almost all measures, including the policy rate, has been kept unchanged, experts said...
July-Dec monetary policy to focus on inflation control
The Bangladesh Bank will declare its monetary policy statement for July-December of the 2024-25 financial year tomorrow, focusing on checking inflation rate which has been nearly 10 per cent in recent months...
IMF maintains 2024 global growth forecast, warns of inflation risk
The IMF held its global growth expectations for 2024 steady in a report Tuesday even as it cut forecasts for the United States and Japan, while warning of inflation risks and trade tensions ahead...
Printing money by Bangladesh Bank to aid ailing banks must be stopped: Mansur
Economist Ahsan H Mansur on Saturday said that the printing of money by the Bangladesh Bank to keep some troubled Islamic banks afloat must be halted immediately to check inflation in the country...
US consumer inflation eases more than expected
US inflation cooled more than expected in June, government data showed Thursday, a positive development for president Joe Biden as he fights to win confidence on his...
NSC sales fall further amid rising inflation
The net sales of national savings certificates further declined in the July-May period of the 2023-24 financial year due to high inflation and rising bank interest rates...
Double digit food inflation for 3 months
The overall inflation in June eased at 9.72 per cent, but the food inflation still persisted at over 10 per cent for the third consecutive month amid price spiral of...
Govt putting in more efforts to build developed country: Waseqa聽
State minister for finance Waseqa Ayesha Khan on Tuesday said that the government had intensified its efforts to transform Bangladesh into a developed nation by 2041 through economic stability, science education, scientific research, innovation and support for the agriculture sector to ensure food security...
Sri Lanka inflation climbs as food prices rise
Crisis-hit Sri Lanka鈥檚 annual inflation almost doubled to 1.7 percent in June, up from 0.9 per cent the previous month, as food prices began rising again, official data...
German economic recovery gaining strength: researchers
Leading researchers on Thursday said they were now more optimistic about this year鈥檚 outlook for the German economy, as lower inflation boosts...
Investing amidst inflation
INFLATION in Bangladesh has recently skyrocketed from its average value of 5 per cent to around 9 per cent within just a few months in 2022 and has not seen a...
UK inflation slowdown unlikely to shift vote, rate outcomes
Britain鈥檚 inflation rate has slowed to a near three-year low, official data showed Wednesday, but the boost for embattled Prime Minister Rishi Sunak was unlikely to prevent...