Consumer sales slow as inflation bites Bangladeshis
Despite several interest rate hikes by the central bank to blunt the brutal price pressure, the Consumer Price Index has been hovering around 10 percent since March 2023.
Despite several interest rate hikes by the central bank to blunt the brutal price pressure, the Consumer Price Index has been hovering around 10 percent since March 2023.
The Deepavali price control scheme is expected to be announced soon but consumer groups are already seeing red over the price hikes for essential items ahead of the festive season.
The Bangko Sentral ng Pilipinas on Wednesday cut the policy rate again by 25 basis points to 6 percent, as cooling inflation provided enough room for further easing.
The average electricity retail price has been increased by 4.8 per cent to VND 2,103.11 (US$0.085) per kWh, triggering concerns about its impact on residential and business lives.
Rising food prices in Bangladesh are hitting consumers hard, especially lower-income groups. Vegetables like cucumbers, tomatoes, and pumpkins have surged, alongside chicken,…
In the last two months, overall food inflation eased, but the decline was not significant enough to ease pressure on the consumers' wallets. Last month, food inflation stood at…
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Parties in the ruling coalition capitalised on the decrease in the inflation rate to build a narrative that the cost of living had come down significantly, thanks to their…
Bumiputra Retailers Association president said it is difficult to expect lower prices during this period, adding that any possible price changes can only be observed within the…
The Philippines may now declare victory in its long and painful fight against inflation after price growth last month eased to a four-year low, helping create the perfect economic…