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.
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.
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...
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...
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...
The overall inflation in August eased, but still prevailed at a double-digit level for the second consecutive month.
The overall inflation in August in Bangladesh eased but still prevailed over double digit for the second consecutive month....
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....
Crisis-hit Sri Lanka’s 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 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 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...
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...
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’s 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...
Adviser Wahiduddin Mahmud emphasised on Monday that the government was focused on controlling inflation and was cautious about increasing the money supply...
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...
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...
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...
Global stock markets 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 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...
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...
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...
The overall inflation jumped to 11.66 per cent amid the food price spiral in July, which saw massive student-led demonstrations leading to the ouster of prime minister...
US inflation remains ‘uncomfortably’ above the Federal Reserve’s target despite the progress it has made in recent months, a senior bank official said Saturday...
The pace of Russia’s economic growth slowed in the second quarter of 2024, official data showed Friday, amid concerns over stubborn inflation and warnings of ‘overheating’...
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 10–20 a kilogram in the capital on August 9 while prices of chicken and eggs also decreased...
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’s number-two economy...
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...
Turkey’s 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...
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...
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...