Easy financing amid pandemic triggers inflation fears in Bangladesh - News Summed Up

Easy financing amid pandemic triggers inflation fears in Bangladesh


“But, extraordinarily easy financing conditions may pose upside risks for price stability in the coming quarters,” it added. The central bank suggested active vigilance and policy tuning to balance between growth recovery and price stability. Though food inflation witnessed a notable rise during the quarter, non-food inflation moderated because of subdued demand of elastic items. Rice prices, however, remained the single largest contributor to food inflation throughout the quarter, the Bangladesh Bank noted. Again, pulses and spices price hike contributed much to food inflation.


Source: bd News24 September 29, 2020 21:11 UTC



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