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�...
Tags : Inflation
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...
Challenges to economy spotted sans measures
The finance division has identified around half a dozen challenges, including high inflation, a low tax鈥揋DP ratio, non-performing loans, and high...
Checking inflation biggest challenge in FY25: EAB
The Exporters Association of Bangladesh on Tuesday said that controlling inflation would be the biggest challenge in the upcoming financial year as foreign currency reserve of the country had depleted...
Budget to hit disadvantaged people hard: SDG platform
The Citizen鈥檚 Platform for SDGs, Bangladesh on Monday said that the proposed budget for 2024鈥�25 fiscal year would hit the disadvantaged people hard as the government deducted allocations for them amid high inflation...
Inflation unlikely to ease soon: Kholiquzzaman
Economist Qazi Kholiquzzaman Ahmad highlighted on Monday that Bangladesh鈥檚 economy was trapped in a 鈥榲icious circle,鈥� rendering inflation control policies ineffective, unlike the successes seen in Sri Lanka, India and Pakistan...
Will the budget attain targeted goals?
THE finance minister, Abul Hassan Mahmood Ali, placed the budget for the 2024鈥�2025 financial year in parliament on June 6. This is his first budget as finance minister and the first for the incumbent government...
Govt seeks six months to curb inflation
The government has proposed the reintroduction of undisclosed money legalisation scopes in the new national budget to appease businessmen, officials...
Govt targets inflation 6.5pc, economists doubt
The government has set a target to limit inflation within 6.5 per cent in the financial year 2024鈥�25, although prices of food and non-food items keep rising over...
Govt must reassess measures to contain food inflation
THE average inflation in the outgoing financial year surpassing the average inflation in the past financial year, which was a decade-high, shows the inefficiency and inadequacy of measures taken by the government to contain inflation. The overall 12-month average inflation has been recorded by the Bangladesh Bureau of Statistics at 9.73 per cent...
Food inflation nears 11pc聽
Food inflation continued to maintain an upward trend in May, pushing overall inflation to a seven-month high and compounding the miseries of the...
Turkish inflation exceeds 75pc
Turkish inflation jumped above 75 per cent in May, official data showed Monday, but officials expect consumer prices to have finally peaked in a cost-of-living crisis that has dogged president Recep Tayyip Erdogan...
Govt fails to check high inflation
The Center for Policy Dialogue on Sunday said that the government had failed to tackle the inflation due to weak market monitoring causing price hike of...
Global stocks rise as US inflation gauge steadies
US and European stock markets mostly rose Friday as investors digested fresh inflation data that could set the tone for interest-rate moves by central banks...
Not enough reason for DWASA to increase water tariff
THE increase in the tariff of supply water for Dhaka by 10 per cent, which will take effect on July 1, would be another burden on people, especially from low- and fixed-income groups, who have already been constrained by soaring inflation...