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Tags : Inflation


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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...

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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...

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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.

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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...

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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...

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Strict market control should be policy priority

UNPRECEDENTED inflation rate in a few years has eroded people’s purchasing power, leading to a decrease in food and health spending. After the fall of the authoritarian Awami League regime, inflation eased in August but remained at over 10 per cent, as prices of goods and services continued to skyrocket. In an effort to contain prices, the interim government...

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Data tweak plagues BBS credibility

In July 2017, then planning minister Mustafa Kamal introduced the quarterly release of inflation data replacing the traditional and the best international practice of monthly update.

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World stocks rally

Asian and European stocks markets rallied Thursday, with a record high in Frankfurt, after the Federal Reserve announced a bumper interest-rate cut and pledged further reductions as inflation cools...

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Tk 60,000cr printed money blamed for high inflation

Finance, commerce and science and technology adviser Salehuddin Ahmed on Monday said that release of printing money worth around Tk 60,000 crore by the ousted government was the major bar to bringing down the runaway inflation...

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Eurozone inflation falls to 3-yr low in Aug

Eurozone inflation fell to its lowest level in more than three years this month thanks to falling energy costs, official data showed on Friday, raising expectations of a European...

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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...

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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...

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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...

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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...

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BB governor vows to make money launderers suffer

Bangladesh Bank’s 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...

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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...

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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...

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Global stocks diverge, as oil prices cool

Europe’s main stock markets fell Tuesday after gains in Asia, as attention turned to economic data and its impact on the outlook for interest rates...