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Bangladesh - Bank & Finance - May 3, 2023

Inflation decreases to 9.24pc in April

Industry Desk: The overall inflation in Bangladesh stood at 9.24% in April, which was 9.33% in March, highest in the last eight months.
The latest inflation data was released by the Bangladesh Bureau of Statistics yesterday. Earlier in August last year, inflation in the country hit a record 9.52%.
According to BBS data, food inflation rose to 8.84% in April, down from 9.09% in March, while non-food inflation remained the same as the previous month at 9.72%.
The global economy was hit by a recession following the global pandemic and the Russia-Ukraine war. Bangladesh’s economy is also affected by the recession and has been witnessing high inflation rates for the past few months.

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