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...
Tags : Inflation
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...
Proper market intervention needed to check inflation: BB
The Bangladesh Bank in a report said that proper market intervention and implementation was needed to address the widening price gap between retail and wholesale prices of essential items that contributed to high food inflation in Bangladesh...
Manufacturing sector hit by high inflation, dollar crisis: MCCI
The manufacturing sector of the country has been hindered by lower consumption in both domestic and external level amid high inflation, import restrictions due to a dollar crisis and shortage of gas and electricity over the past few months, according to the Metropolitan Chamber of Commerce and Industry鈥檚 economic review...
Japan inflation slows in April, sparking questions over rates
The pace of Japanese inflation slowed in April as gas bills fell, government data showed Friday, raising questions about when the Bank of Japan will hike interest rates again...
UK inflation slows to near 3-year low
Britain鈥檚 annual inflation rate slowed to a near three-year low in April as energy prices cooled further, official data showed Wednesday, boosting the governing Conservatives before this year鈥檚 general election...
NSC sales plunge amid high inflation in Bangladesh
The net sales of national savings certificates plummeted in the July-March period...
High inflation reduces forex reserves: BBTA study
High inflation reduces foreign exchange reserves, as more reserves are necessary to stabilise the foreign exchange market and cool down inflation, according to a research paper by officials of the Bangladesh Bank...
Deplorable absence of measures to contain food inflation
THE food inflation that has remained high for more than two years now reached double digits once again in April after a gap of four months. The Bureau of Statistics in its monthly update says that food inflation was 10.22 per cent in April. The surge was, as economists...
Food inflation hits double digit in peak rice harvesting season
The general food inflation in April crossed double-digit again after a four-month gap, heightening the risk of food security for the majority of...
Financial account deficit surges to $9.26 billion
The country鈥檚 financial account deficit surged to $9,258 million in July-March, the first nine months of the current financial year 2023鈥�24, against a deficit of $2,928 million in the same period of FY23...
Turkey unveils 3-year austerity plan to slow high inflation
Turkey announced Monday a three-year austerity plan aimed at reducing public spending to calm inflation that reached heights of nearly 70 pe rcent year-on-year in April.
China consumer prices in Apr rise at faster rate
China鈥檚 inflation rate quickened last month, official data showed Saturday, as the government works to boost spending in the world鈥檚 second-largest...
BoE holds rate at 16-yr high, signals looming cut
The Bank of England on Thursday kept its main interest rate at a 16-year high, but hinted at a cut over the summer as UK inflation cools further and the country looks set to exit recession.聽
Inflation too prickly for BB to sort out with poor measures
INFLATION has remained a prickly issue that the Bangladesh Bank appears not to have been able to control because of its ineffective policies and failures in the implementation of the monetary policy. The Bangladesh Bank Order 1972 lays out that the first and foremost function of the central bank...
Bangladesh Bank policies fail to curb high inflation
The Bangladesh Bank has been struggling to control high inflationary pressure, primarily due to ineffective policies and failures in implementing monetary policy, economists said...
UK worst-performing economy in G7 next year: OECD
The UK will be the worst-performing聽economy聽among the G7 next year because of lingering inflation and stubbornly high interest rates, said the Organisation for Economic Cooperation and Development on Thursday...
Frequent loan rescheduling fuels inflation: Farashuddin
Former Bangladesh Bank governor Mohammed Farashuddin on Thursday blamed the frequent rescheduling of classified loans for high inflation persisting in the country...
German inflation rate unchanged
German inflation was unchanged in April, official data showed Monday, holding at a three-year low as hopes grow that the European Central Bank will soon start cutting interest rates...
London stocks strike record
London鈥檚 FTSE 100 stocks index hit record highs Tuesday, catching up with major global peers that have struck all-time peaks this year as inflation cools...
Railway authorities mustn鈥檛 increase train fares
THE Bangladesh Railway鈥檚 decision to increase fares on long routes is worrisome as people are already burdened with unprecedented inflation. The authorities have decided to increase the fares by cancelling the distance-based rebate...
New EU spending rules bring back debt discipline focus
With an energy crisis and record high inflation in the EU鈥檚 rearview mirror, Brussels believes the time has come for the bloc to focus on ensuring sound public finances...
UK inflation slows less than expected
Britain鈥檚 annual inflation rate fell less than expected last month, according to official data Wednesday that could cloud the outlook for interest rate cuts and cause more pain for the government...
Argentina inflation slows in March, nearing 290pc year-on-year
Consumer price increases in Argentina slowed for a third consecutive month in March to 11 per cent, data showed on Friday, but annual inflation still remains sky-high at more than 287 per cent.....
Bangladesh鈥檚 inflation makes upswing in March聽聽聽
The monthly inflation in March made an upswing following price hikes of both food and non-food items throughout Bangladesh....
