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...
Tags : Inflation
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...
Strict market control should be policy priority
UNPRECEDENTED inflation rate in a few years has eroded people鈥檚 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...
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.
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...
Global stocks, dollar diverge before key US inflation data
Major stock markets and the dollar diverged Wednesday before US inflation data that could help indicate the size of an expected interest-rate cut from the Federal Reserve next week...
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...
Inflation eases but聽still remains in double digits
The overall inflation in August eased, but still prevailed at a double-digit level for the second consecutive month.
Inflation eases in August but still prevails at double digit level
The overall inflation in August in Bangladesh eased but still prevailed over double digit for the second consecutive month....
Turkish inflation slows to 52pc in Aug: data
Turkey's annual inflation rate slowed further in August to 52 per cent after reaching 61.8 per cent in July, official data showed on Tuesday....
Sri Lanka inflation dips to lowest point since crisis
Crisis-hit Sri Lanka鈥檚 annual inflation dipped sharply to 0.5 per cent in August, the lowest year-on-year rate since the country declared bankruptcy in April 2022, official data...
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...
German inflation falls below 2pc for first time since 2021
German inflation fell to its lowest level in more than three years in August, official data showed Thursday, strengthening the case for another interest rate cut by the European Central Bank next month...
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...
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...