বুধবার, ১৮ ফেব্রুয়ারী ২০২৬, ১০:১৪ অপরাহ্ন
Planning Minister MA Mannan on Tuesday said the country’s overall inflation may rise in March due to the dry season, and consumers stocking up on essential commodities ahead of Ramadan, which could strain supply on the market.
Mannan made the remark while speaking to reporters after the Executive Committee of the National Economic Council (ECNEC) meeting, held in the city’s Sher-e-Bangla Nagar on Tuesday.
He added, “We fear that inflation may increase in the country as consumers are trying to stockpile essential commodities ahead of Ramadan. Inflation may also go up due the dry season in the country. It may however decline from April.
“In our country, consumers usually buy essential commodities such as edible oil, onion, and sugar in excess before the holy month of Ramadan. So the commodity prices go up during the period.”
According to the Bangladesh Bureau of Statistics (BBS), the country’s overall inflation was recorded at 8.78 per cent in February, compared to 8.57 per cent in January.
Bangladesh’s inflation reached 9.5 per cent in August due to rising commodity prices and record hike in fuel prices. But, it declined to 9.1 per cent in September this FY.
The planning minister said the economy is now more stable compared to the last two months. “Our reserves, exports, and remittance are on the right track,” he added.
