Rising prices hurt the poor, forcing cuts to necessities and increasing poverty in Bangladesh.
The caution comes as consumer prices, despite easing in the last two months, have stayed over 9 percent for the 24th month in a row
Inflation declined to 9.32% from January's 9.94%
Bangladesh inflation soared (5.86 percent to 11.38 percent in 2022-2024), driven by global shocks and food prices.
In its latest report released today, the organisation projected inflation will stabilise between 8.5% and 9.5% by June but fall to 6-7% by December
Ministers and members of parliament of the previous government relentlessly blamed “syndicates” for increasing the prices of chicken, eggs and other foods.
Inflation in Bangladesh eased for the second consecutive month in January, driven by stable food prices due mainly to an abundant supply of winter vegetables to the local market.
Bangladesh's high inflation is straining households financially and mentally. Financial stress disrupts mental balance, leading to burnout, impaired relationships, and physical symptoms. Coping strategies include exercise, budgeting, support systems, reframing thoughts, and fostering mental resilience.
Arrival of winter vegetables contributes to the decline
The liberalisation of trade has changed the agricultural heart of our nation.
Our data shows economic pressures and polycrisis have been growing especially since Covid.
Among the 78 lakh people, 38 lakh have become extremely poor
Inflation refuses to budge. Part of the reason may be honest disclosure of what the data is saying.
Rises to over 11% for second time this year
Bangladesh's economy faces instability, inflation, and political unrest hindering growth.
Inflation rises to 10.87 percent in October from 9.92 percent in September
Persistent inflation driven by high commodity, energy prices and currency depreciation
Grocery shelves are not clearing as quickly for fast-moving consumer goods (FMCG), while many are switching to mini-packs of food and toiletries -- indicating that people are losing ground in their prolonged battle against inflation.
When Sheuly Akhter and her friend entered a branch of Star Kabab in Dhanmondi on Thursday last week, marking their return to the establishment for the first time in nearly four months, they were surprised by the lack of customers.
