Bangladesh inflation rate eased to 5.52 percent in June of 2019 from 5.63 percent in the previous month. It was the lowest inflation since February, as prices of both food (5.40 percent vs 5.49 percent in May) and non-food products (5.71 percent vs 5.84 percent) went up at a softer pace. Regarding non-food items, cost slowed for clothing & footwear (5.94 percent vs 9.60 percent); transport & communication (7.48 percent vs 8.72 percent) and recreation & culture (2.24 percent vs 2.25 percent). In contrast, price advanced faster for rent, fuel & lighting (4.82 percent vs 4.24 percent); miscellaneous goods & services (8.29 percent vs 6.52 percent) and health (2.93 percent vs 2.39). On a monthly basis, consumer prices increased 0.31 percent, rebounding from a 1.18 percent drop in May. Inflation Rate in Bangladesh averaged 6.52 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 5.60 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 6.50 percent in 2020, according to our econometric models.