Zahid Hussain, a prominent figure and former lead economist at the World Bank鈥檚 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鈥檚 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鈥�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鈥檚 last meeting of Joe Biden鈥檚 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鈥檚 growth in the forthcoming year will remain at 2024 levels, according to Mastercard Economics Institute鈥檚 recently published economic outlook for the year 2025, which also forecasted that inflation and interest rates would ease offering relief to consumers and households...
Former Federation of Bangladesh Chamber of Commerce and Industry president Abdul Awal Mintoo on Monday cautioned that high inflation was likely to persist, and investments in Bangladesh could stagnate in the coming years...
The Russian聽economy聽is showing 鈥榮ignificant鈥� signs of a slowdown in some sectors as it grapples with waning growth and high inflation, the head of the country鈥檚 biggest lender warned Friday...
The upward trend in inflation continued as it went up further to 11.38 per cent in November on the back of price hikes of food items in both rural and urban areas.
The International Monetary Fund on Tuesday expressed deep concerns to the Bangladesh Bank over the persistently high inflation in the country...
US shoppers were out in force for 鈥楤lack Friday,鈥� with preliminary data showing strong online sales despite inflation nerves prompting retailers in the world鈥檚 biggest economy to come up with ever more deals...
Bangladesh鈥檚 economy has been gradually recovering from the recent political instability in the first quarter of the 2024-25 financial year, but, several challenges such as high inflation, reduced export activity, shortfall in revenue collection, diminished job opportunities and sluggish investment climate need to be addressed, said the Metropolitan Chamber of Commerce and Industry, Dhaka...
South Korea鈥檚 central bank cut interest rates Thursday for the second time in a row in a surprise move, citing stabilising inflation and the need to mitigate growing economic risks...
German inflation rose slightly in November, climbing back above the European Central Bank鈥檚 two-per cent target, according to preliminary data released Thursday...
People from lower to middle-class backgrounds endure long queues at the open market sales points of Trading Corporation of Bangladesh in Dhaka city as rising inflation pushed essential commodity prices higher...
Britain鈥檚 annual inflation rate jumped more than expected in October to back above the Bank of England鈥檚 target as households and businesses faced higher energy bills, official data showed Wednesday...
Finance adviser Salehuddin Ahmed has said although the interim government inherited high inflationary trend from the previous regime, stability has been restored due to various steps of the government.
Stock markets diverged on Thursday as investors digested US inflation data that supported the case for another interest rate cut next month, while worries over Donald Trump鈥檚 presidency clouded optimism...
US wholesale prices rose slightly in October, according to government data published Thursday, as an increase in services inflation pushed up the overall figure...
Global stock markets diverged Wednesday as traders fret over the impact of Donald Trump鈥檚 presidency on the Chinese and global economies, with fears that his policies could also reignite US inflation...
China鈥檚 consumer inflation rate slowed in October, official data showed Saturday, in a sign that demand remains sluggish in the world鈥檚 number two聽economy.
The double-digit inflation, after a gap of one month, in October has prompted the interim government to withdraw the single borrower exposure limit for imports of essential items such as...
BANGLADESH is facing significant inflationary pressures, with the general inflation rate reaching a 12-year high of 11.66 per cent in mid-2024 (Bangladesh Market Monitor, July 2024, UN). Food inflation has surged even higher, hitting around 14.1 per cent due to a range of factors, including supply chain disruptions and global market volatility...
The Bangladesh Bank on Tuesday increased the policy rate by 50 basis points to 10 per cent with the aim of tightening money supply to control inflation.
A surge in prices of commodities became a major contributor to high inflation in July-September, according to a Bangladesh Bank report.
Japanese inflation slowed in September with prices up 2.4 per cent on-year, not including volatile fresh food, official data showed Friday.