The challenge of controlling inflation. Yunus government


Published: 01:22 13 August 2024
Sheikh Hasina's government fell on August 5 in the mass movement of students. Then Nobel laureate Dr. The journey of the interim government started on August 8 under the leadership of Muhammad Yunus.
There was an anti-discrimination student movement throughout the month of July. Which has an impact on inflation. After the departure of Sheikh Hasina, the interim government is facing the challenge of inflation. Muhammad Yunus.
The impact of the movement is visible in the inflation report for the month of July by the Bangladesh Bureau of Statistics (BBS). Because, along with overall inflation, food inflation has once again reached 14 percent in the last 13 years. That is, the new government will have to take up the challenge of reining in inflation.
According to BBS data, headline inflation rose to 11.66 percent last July. Which was 9.72 percent last June. Food inflation rose to 14.10 percent in July. Which was 10.42 percent last June. Earlier, the last highest food price inflation was in April 2011 at 14.36 percent. Since then, food inflation has never risen above 14 percent. On the other hand, inflation in the non-food sector was 9.68 percent in July. Which was 9.15 percent last June. Earlier in September 2011, overall inflation was the highest at 11.97 percent. Then inflation reached its highest level last month.
Meanwhile, Tuesday morning finance and planning advisor. Salehuddin Ahmed said regarding reining in the inflation, not increasing or decreasing but the real inflation and gross domestic product (GDP) data will be published from now on. But inflation control will be given utmost importance.
He said that the supply chain has broken down due to several days of stagnation. Due to which the cost of living has increased. But now the prices of some products have decreased in the market. If everything is normal, the price will come down further.
Advertisement
Most Readed - Finance & Trade
- Explosive Revelations of Secret Funds and Covert Operations
- Notice Regarding October 29 HSC Result Publication Is Fake: Board Issues Warning
- Scaloni to Remain at the Helm for Argentina; Contract Extended Through 2030 World Cup
- A Novel Form of Robbery: Young Man Forced to Take Out an Instant Loan via App
- Open All the Windows: The Life Story of a Freedom Fighter, Told Through Music
- Bangladeshis Forced into War in Russia Under Pretext of Employment
- Excessive Drinking After Separation: Yuzvendra Chahal Spent 26 Days in Rehab
- Severe Fuel Crisis in Yemen: 1.6 Million Children in Taiz Face Risk to Drinking Water Supply
- Today is Bijoya Dashami; the Sharadiya Durgotsav concludes with the immersion of the idols.
- Who Can Get a Free Verified Badge on Facebook? Eligibility and Conditions
- Fuel for Rooppur Nuclear Power Plant Arriving in Bangladesh Today
- Cybercriminals Claim to Possess Data of 19 Million Pathao Users; $400,000 Ransom Demanded
- Jamuna Fertilizer Factory Shuts Down Again Just Two Days After Resuming Operations
- Ronaldo faces risk of 6-month ban for leaving national team camp
- Messi bids farewell with a goal and assists, showered with love by teammates
- Hasnat Questions the Source of Salahuddin’s Wealth, Demands Transparent Accounting
- Ronaldo shares emotional message upon Messi's retirement, expressing 'utmost respect'
- Countless Decembers will come and go, but Sheikh Hasina will not return to the country: Rashed Khan
- Houthis Claim Third Attack on Riyadh Airport; Aircraft Damaged
- Three-Day Mosquito Eradication Drive Begins in Savar's Bongaon




