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...
Tags : Inflation
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...
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...
