The annual inflation rate in Bangladesh edged up to 5.55 percent in March of 2019 from 5.47 percent in the prior month. It is the highest inflation rate since May 2018, as cost of food, beverage & tobacco increased (5.72 percent vs 5.44 percent in February). On the other hand, prices of non-food products slowed (5.29 percent vs 5.51 percent), namely recreation, entertainment, education & cultural services (2.11 percent vs 2.13 percent) and miscellaneous goods & services (6.58 percent from 7.38 percent) while inflation for gross rent, fuel & lighting was steady (at 4.49 percent). On a monthly basis, consumer prices rose 0.42 percent after a 0.08 percent drop in February. Inflation Rate in Bangladesh averaged 6.53 percent from 1994 until 2019, reaching an all time high of 16 percent in September of 2011 and a record low of -0.03 percent in December of 1996.
Inflation Rate in Bangladesh is expected to be 6.00 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 6.00 in 12 months time. In the long-term, the Bangladesh Inflation Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.