Tag Archives: Inflation

For Bangladesh 2017 has been a mixed year of achievements and challenges. Though some macro indicators reflect the positive trends, the overall strength of the economy is weakening due to a number of developments toward the second half of the year.

People, particularly those who belong to the lower income groups, have been reeling under the weight of rising cost of living for some years now. A report in a leading Bangla daily on October 27 spelled out the situation in a nutshell. According to the Consumers Association of Bangladesh (CAB), the cost of living for Dhaka residents has risen 71 percent over the period 2009–2016. This survey is based on a calculation of cost increases of 114 foodstuffs and 14 utility services (and does not include cost rise of education, health and daily travel).