The annual inflation rate in Bangladesh edged up to 5.47 percent in February of 2019 from 5.42 percent in the prior month. It is the highest inflation rate since August 2018, as prices rose faster for food (5.44% vs 5.33%). Prices of non-food products slowed slightly (5.51% vs 5.57%), namely recreation, entertainment, education & cultural services (2.13% vs 2.23%); but increased more for miscellaneous goods & services (7.38% vs 7.09%); and went up at the same pace for gross rent, fuel & lighting (4.49%). On a monthly basis, consumer prices declined 0.08 percent after rising 1.34 percent in January. 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 5.70 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 6.30 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.