Bangladesh need to concern the emerging inflation as prices of staples like rice are increasing since October last year, says a study by Centre for Policy Dialogue. It also says that outlook for the global recovery in the next half of the fiscal year signals that prices are expected to go up on the international market.
The private research arm suggested boosting farm output by supplying enough inputs during the upcoming Boro crop season and maintain the spread of prices at different level import price, wholesale price, retail price and farm level. "Inflation can be contained by ensuring higher agricultural production or the other way is by importing food which would increase the subsidy burden," CPD executive director Mustafizur Rahman said on Monday.
Inflation rate in the recent past has been tolerable, but since October there has been upward movements of prices, reads the report. The high growth in agricultural and industrial credit along with excess liquidity in the banking sector and high reserve of foreign currency could also adversely affect inflation, according to CPD.
The private research arm suggested boosting farm output by supplying enough inputs during the upcoming Boro crop season and maintain the spread of prices at different level import price, wholesale price, retail price and farm level. "Inflation can be contained by ensuring higher agricultural production or the other way is by importing food which would increase the subsidy burden," CPD executive director Mustafizur Rahman said on Monday.
Inflation rate in the recent past has been tolerable, but since October there has been upward movements of prices, reads the report. The high growth in agricultural and industrial credit along with excess liquidity in the banking sector and high reserve of foreign currency could also adversely affect inflation, according to CPD.
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