Inflation sustains over 9pc in March
The overall rate of inflation remained almost unchanged as it sustained over 9 per cent in March...
Tags : Inflation
Poverty rises amid inflation, natural shocks聽
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.
Upcoming budget must prioritise ordinary people鈥檚 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...
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...
Delay of LDC graduation sought
The country鈥檚 private sector businesses have urged for deferring Bangladesh鈥檚 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...
Food inflation 11-month low聽
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.
Iran's finance minister sacked over soaring inflation, economic woes
鈥楾he most important problem of the country's economy is inflation, and that is chronic inflation, which has plagued our economy for years,鈥� the economy minister added.
Japan to release emergency rice reserves to fight runaway inflation
The Japanese government said on Friday that it would release a fifth of its emergency rice stockpile after hot weather, poor harvests and panic buying over a 鈥榤egaquake鈥� warning nearly doubled prices over a year....
High inflation indicates a fragile national economy
BRITISH economist Lionel Charles Robbins said in the 80s, 鈥業f the average inflation of a country exceeds 4.2 per cent, then there is no more economy in that country.鈥� 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...
Economy improves, inflation, bank sector, worker unrest pose risks
The overall economy has been improving for the past six months, but worker unrests, inflation and fragile banking sector still pose risks, according to a Finance Division report released on Sunday...
US stocks tumble on tariff, inflation fears
Wall Street stocks slumped to close the week Friday as investors gird for fresh US tariffs and as employment and other data fanned inflation fears...
Turkey raises year-end inflation forecast
Turkey鈥檚 central bank on Friday increased its year-end inflation forecast to 24 per cent from 21 per cent.
Inflation to drop to 6-7pc by June, adviser hopes
Finance adviser Salehuddin Ahmed on Tuesday said that they would be able to bring down inflation within the next three months...
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鈥檚 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...
Inflation biggest threat for Bangladesh for next 2 years: WEF
The World Economic Forum in a recently published report identified inflation as the biggest threat to Bangladesh for the next two years...
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...
Turkish inflation slows to 44.3pc in Dec
Turkey鈥檚 annual inflation rate slowed for the seventh consecutive month in December, official figures showed on Friday.
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...
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鈥�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...
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...
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鈥檚 last meeting of Joe Biden鈥檚 presidency...
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...
Asia Pacific growth to remain steady in 2025: MEI report
The Asia Pacific region鈥檚 growth in the forthcoming year will remain at 2024 levels, according to Mastercard Economics Institute鈥檚 recently published economic outlook for the year 2025, which also forecasted that inflation and interest rates would ease offering relief to consumers and households...
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...
Russian economy shows signs of slowdown, top banker warns
The Russian聽economy聽is showing 鈥榮ignificant鈥� signs of a slowdown in some sectors as it grapples with waning growth and high inflation, the head of the country鈥檚 biggest lender warned Friday...
Inflation in Bangladesh climbs to 11.38% in November
The upward trend in inflation continued as it went up further to 11.38 per cent in November on the back of price hikes of food items in both rural and urban areas.
IMF concerned over high inflation in Bangladesh
The International Monetary Fund on Tuesday expressed deep concerns to the Bangladesh Bank over the persistently high inflation in the country...
Inflation-wary US consumers flock to 鈥楤lack Friday鈥� deals
US shoppers were out in force for 鈥楤lack Friday,鈥� with preliminary data showing strong online sales despite inflation nerves prompting retailers in the world鈥檚 biggest economy to come up with ever more deals...
Economy recovering, but challenges remian: MCCI
Bangladesh鈥檚 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...
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...