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Bangladesh’s Headline Inflation Drops to 8.48% in June

Source link : https://asia-news.biz/asia/bangladesh/bangladesh-inflation-june-2024/

Bangladesh’s headline inflation rate eased to 8.48% in June, marking a notable decline compared to previous months, according to the latest data reported by Fibre2Fashion. This drop reflects gradual stabilization in consumer prices amid ongoing economic adjustments and policy measures. The slowdown in inflation offers a positive signal for both consumers and businesses as the country navigates challenges related to global supply chain disruptions and domestic demand pressures.

Bangladesh Experiences Significant Ease in Headline Inflation Rates in June

Bangladesh’s economy demonstrated a marked improvement in controlling inflation as the headline rate eased to 8.48% in June. This decline reflects a combination of strategic fiscal policies, stabilization in global commodity prices, and a stronger domestic production cycle. Key sectors such as food, transportation, and housing reported modest price increases, contributing to a more balanced inflationary environment that could bolster consumer confidence and spending power.

The government’s ongoing efforts to streamline supply chains and enhance market monitoring have helped contain excessive price hikes. Observers note that while core inflation remains a concern, the recent data suggests a positive trajectory. Below is an overview of inflation trends across selected categories in June:

CategoryInflation Rate (%)Change Since May (%)
Food & Beverages9.1-0.4
Transportation7.3-0.6
Housing &…

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Author : Ava Thompson

Publish date : 2025-07-08 22:14:00

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