Inflation rose to 11.38 percent in November, with food inflation nearing 14 percent. Zahid Hussain, a former lead economist at the World Bank's Dhaka office, said: "Food inflation has become a significant concern. Advising on reducing both food prices and inflation, he said: "A decrease in the inflation rate alone will not suffice because wages are not increasing. For over 36 months, the inflation rate has risen much faster than the wage growth rate in sectors like agriculture, services, and industry. We need to curb food inflation and simultaneously enhance the capacity to deal with it."

Source: bd News24 January 06, 2025 20:17 UTC