The annual inflation rate in Bangladesh rose for the third consecutive month to 6.44 percent in October of 2020 from 5.97 percent in the previous month. It was the highest inflation rate since October of 2014, mainly pushed up by prices of food (7.34 percent vs 6.50 percent in September). Meanwhile, inflation slowed slightly for non-food products (5 percent vs 5.12 percent). On a monthly basis, consumer prices went up 0.97 percent, decelerating from a 2.13 percent rise in the previous month. source: Bangladesh Bureau of Statistics
Inflation Rate in Bangladesh averaged 6.48 percent from 1994 until 2020, reaching an all time high of 16 percent in September of 2011 and a record low of -0.03 percent in December of 1996. This page provides the latest reported value for - Bangladesh Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bangladesh Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Inflation Rate in Bangladesh is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Bangladesh to stand at 5.90 in 12 months time. In the long-term, the Bangladesh Inflation Rate is projected to trend around 6.00 percent in 2021 and 6.50 percent in 2022, according to our econometric models.