The annual inflation rate in Bangladesh eased to 5.29 percent in December of 2020 from 5.52 percent in the previous month. It was the lowest inflation rate since January of 2017, amid a slowdown in prices of food (5.34 percent vs 5.73 percent in November). On the other hand, cost went up slightly faster for non-food products (5.21 percent vs 5.19 percent). On a monthly basis, consumer prices decreased 0.45 percent, after falling 0.76 percent in the previous month. source: Bangladesh Bureau of Statistics
Inflation Rate in Bangladesh averaged 6.47 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 January of 2021.
Inflation Rate in Bangladesh is expected to be 4.50 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 5.50 in 12 months time. In the long-term, the Bangladesh Inflation Rate is projected to trend around 5.50 percent in 2022 and 6.50 percent in 2023, according to our econometric models.