More in Inflation
Government adopts new borrowing approach to tackle inflation
The beginning of the new fiscal year marked a determined government effort to rein in rising inflation as the upcoming election looms. The strategy entails a deliberate reduction in reliance on central bank borrowing to cover budget deficits. In the first month of the fiscal year, July, data furnished by the Bangladesh Bank highlighted not […]
BY Insider Desk
Bangladesh Bank’s injection of money shows decline
Recently, the Bangladesh Bank’s (BB) gradual reduction of injecting high-powered money into the economy through government securities has provided relief amid the current high-inflation environment. Banking experts have attributed this shift to several factors, including improved liquidity within commercial banks and their cautious lending practices during an election year. Primary dealer (PD) banks have increasingly […]
BY Insider Desk
Bangladesh’s inflation remains high at 9.69%
Official figures reveal that Bangladesh’s inflation remains stubbornly high, with the Consumer Price Index (CPI) for July registering at 9.69%, only slightly down from the previous month’s 9.7%. Despite global market trends showing a modest recovery, domestic factors driven by monetary and fiscal policy mismatches seem to be perpetuating inflationary pressure. This persistent inflation rate […]
BY Insider Desk
Economists and business leaders call for unified approach to tackle rising inflation in Bangladesh
Economists and business leaders in Bangladesh are urging fiscal and monetary authorities to coordinate their efforts in combating the country’s escalating inflation and minimizing its impact on consumers. During a roundtable discussion organized by the Institute of Chartered Accountants of Bangladesh (ICAB) and the Economic Reporters Forum (ERF) in Dhaka, experts emphasized the need for […]
BY Insider Desk
May witnesses record-breaking inflation at 9.94%
Bangladesh witnessed a significant surge in inflation during the month of May, reaching a decade-high of 9.94%, as reported by the Bangladesh Bureau of Statistics. This figure surpassed the previous recent record set in August of last year when the Consumer Price Index had soared to 9.52%. The rise in food inflation played a crucial […]
BY Insider Desk