Bangladesh

Inflation climbs to 12-year high of 11.66% in July


Inflation rose month-on-month hitting a 12 year high and reaching 11.66% in July. 

The inflation was recorded at 9.72% in June. 

Food inflation was registered at 14.10% and non-food inflation at 9.68% in July.

It was 10.42% and 9.15% respectively.

The previous high was 9.94% last May.

The Bangladesh Bureau of Statistics released inflation data today (12 August).

The month of July was marked by protests which began centring quota reforms. 

A crackdown by the government on dissenters further provoked the protests, with agitators soon demanding the resignation of the government. 

July saw a number of days with curfew in place, disrupting supply chains and hampering smooth operations of people and businesses. 

Rail and port services were also suspended at this time.




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