Inflation is much lower in Bangladesh than many countries: Hasan
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Inflation is much lower in Bangladesh than many countries: Hasan

Information and Broadcasting Minister Dr. Hasan Mahmud yesterday said that inflation is much lower in Bangladesh than other countries including the USA, the United Kingdom, Germany and Turkey, and even the neighboring SAARC countries.

“The inflation is the highest in the USA in the last 40 years and it is 8.6 percent while it (inflation) is 9.1 percent in the United Kingdom, 7.9 percent in Germany, 17.1 percent in Russia, 73.5 percent in Turkey and 9.6 percent in the Netherlands in the 40 years.

On the other hand, the inflation is 39.1 percent in Sri Lanka, 13.8 percent in Pakistan and over seven percent in India,” he said.

The minister added, “The inflation was over six percent in our country till the month of May and currently it has increased to seven percent which has been published in today’s newspapers.

This low inflation in the country is only possible for Bangabandhu’s daughter Prime Minister Sheikh Hasina. The prices of commodities are decreasing gradually in the global market and we hope that we will get benefit in one or two months.”

Haasn told reporters after unwrapping the cover of seven volumes on Padma Bridge-based news published by the Press Information Department (PID) at its auditorium at Secretariat in the capital.

Principal Information Officer Md Shahenur Mia was present there.

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