US inflation edges up in May
US consumer inflation ticked up in May, in line with analyst expectations, government data showed Wednesday as president Donald Trump’s sweeping tariffs began to ripple through the world’s biggest economy...
US consumer inflation ticked up in May, in line with analyst expectations, government data showed Wednesday as president Donald Trump’s sweeping tariffs began to ripple through the world’s biggest economy...
Businesses and experts have said that the proposed national budget for the 2025-26 financial year was overly ambitious, particularly regarding revenue targets, private investment, inflation control and GDP growth...
The interim government has targeted to bring down inflation to 6.5 per cent in the 2025–26 financial year despite the current inflation level remaining above 9 per cent.
Japanese inflation spiked to a two-year high in April, data showed Friday, as rice prices almost doubled, turning focus on the central bank as it mulls more interest rate hikes amid the Trump administration’s trade war.
PERSISTENT food inflation, largely caused by a fragmented, inefficient market system, has placed millions of fixed- and low-income people in a precarious situation. Market experts, the consumers’ association and independent studies have for long pointed out the issue. Now, the Bangladesh Bank says that an inefficient market system, characterised by supply chain...
The overall inflation rate eased for a fifth straight month in April, but it still remained high.
The overall rate of inflation remained almost unchanged as it persisted over 9 per cent in March, while the gross domestic product growth bounced back in the second quarter of the current financial year of 2024–25...
The overall rate of inflation remained almost unchanged as it sustained over 9 per cent in March...
The proportion of poor households has increased in the country against the backdrop of persistent inflationary pressures along with the natural and human-made factors, according to a study.
AMID growing income inequality, high unemployment rates and unprecedented food inflation, economists have rightly pointed out that the budget for the next financial year should prioritise the economic woes of the ordinary people. Economists in a pre-budget meeting with the finance adviser on March 16 urged the government to create an enabling investment...
The net sales of national savings certificates (NSCs) continued their downward trend in the first seven months of the current financial year, reflecting the impact of prolonged inflation and shifting investment preferences...
The country’s private sector businesses have urged for deferring Bangladesh’s LDC graduation for at least 2 to 3 years, considering the prevailing global and local economic challenges, including a shortage of energy, high inflation, high interest rates and complexities in obtaining credit from banks...
The rate of the overall inflation eased further to 9.34 per cent in February with food prices dropping both in rural and urban areas to 11 months low.
‘The most important problem of the country's economy is inflation, and that is chronic inflation, which has plagued our economy for years,’ the economy minister added.
The Japanese government said on Friday that it would release a fifth of its emergency rice stockpile after hot weather, poor harvests and panic buying over a ‘megaquake’ warning nearly doubled prices over a year....
BRITISH economist Lionel Charles Robbins said in the 80s, ‘If the average inflation of a country exceeds 4.2 per cent, then there is no more economy in that country.’ Inflation was 4.6 per cent in the last fiscal year of the Bangladesh Nationalist Party-led four-party coalition government. Inflation started increasing after the authoritarian leader Sheikh Hasina came to power...
The overall economy has been improving for the past six months, but worker unrests, inflation and fragile banking sector still pose risks, according to a Finance Division report released on Sunday...
Wall Street stocks slumped to close the week Friday as investors gird for fresh US tariffs and as employment and other data fanned inflation fears...
Turkey’s central bank on Friday increased its year-end inflation forecast to 24 per cent from 21 per cent.
Finance adviser Salehuddin Ahmed on Tuesday said that they would be able to bring down inflation within the next three months...
Zahid Hussain, a prominent figure and former lead economist at the World Bank’s Dhaka office, has expressed optimism that the general point-to-point inflation rate could be reduced to between 6 to 7 per cent in the next fiscal year (FY26) if the country does...
The World Economic Forum in a recently published report identified inflation as the biggest threat to Bangladesh for the next two years...
A LOW intake of animal protein by the large majority of people because of serious erosion in their purchasing power consequent on persistent high inflation is worrying. High inflation, which has remained more than 10 per cent for months, has pushed many people below the poverty threshold while the number of extreme poor has increased. Inflation...
Turkey’s annual inflation rate slowed for the seventh consecutive month in December, official figures showed on Friday.
PRICES of most food items have remained unusually high for a couple of years. Low- and middle-income people mostly suffer because of increase in goods prices. They survive on credit or...
THIS is highly worrying that inflation, especially food inflation, has pushed about 10 per cent of the population, 1.78 crore people, either into poverty or at risk of poverty in 2022–2024. A Research and Policy Integration for Development study has also identified that the segment of people living in extreme poverty has increased from 5.65 per cent in 2022 to 7.95 per cent in...
The erosion of purchasing power caused by high inflation between 2022 and 2024 has significantly deepened poverty and vulnerability, driving an additional 1.78 crore people in the country into poverty or at risk of poverty, according to a study...
The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank’s last meeting of Joe Biden’s presidency...
US producer inflation climbed in November, government data showed Thursday, logging its biggest year-on-year increase since February 2023 as food costs jumped...
The Asia Pacific region’s growth in the forthcoming year will remain at 2024 levels, according to Mastercard Economics Institute’s recently published economic outlook for the year 2025, which also forecasted that inflation and interest rates would ease offering relief to consumers and households...