High inflation in Bangladesh: The reason for continued high consumer prices in the country despite prices dropping in the international market is a combination of policy and institutional failure. The lack of a truly independent monetary policy by the Bangladesh Bank has contributed to the uncontrolled inflation. The central bank imposed an interest rate cap on lending and
Cost of living crisis in Bangladesh: In Bangladesh, 2023 was the year of inflation. According to the Bangladesh Bureau of Statistics (BBS), inflation has consistently remained above nine percent since March.
Cost of living crisis in Bangladesh: In Bangladesh, 2023 was the year of inflation. According to the Bangladesh Bureau of Statistics (BBS), inflation has consistently remained above nine percent since March.