Bangladeshis Facing Extreme Poverty Due to Rising Inflation: Around 5 lakh people in Bangladesh likely fell into extreme poverty between the fiscal years 2022-23 and 2023-2024 due to the erosion of purchasing power, said the World Bank
Bangladesh's annual average inflation crept up to 9.59% last month, way above the central bank's revised target of 7.5% for the financial year ending in June
Hossain Zillur Rahman, executive chairman of Power and Participation Research Centre and former adviser to the caretaker government, discusses the nuances of inflation in Bangladesh with The Daily Star
Dr MM Akash believes misgovernance and mismanagement gave some traders leeway to control imports and market prices by hoarding products, which is causing the rising inflation.