State of the Bangladesh Economy in FY2023-24 (First Reading)

Independent Review of RBD Bangladesh's Development New CPI base does not adequately reflect the rapidly rising prices Index 2021-22=100) ☐ High inflation rates hovering around Figure 3.1: Point-to-point inflation rate (Base the 10% mark have significantly increased the cost of living and decreased consumer purchasing power. ☐ Nevertheless, an analysis of the prices of several items shows that the new CPI base tends to hide the actual extent of inflation prevailing in the market. 14.00 12.00 10.00 8.00 6.00 4.00 Apr-23 9.94 9.74 9.69 9.92 9.63 9.93 Apr-23 9.96 9.6 9.47 7.95 7.82 83 8.3 CPD (2023): State of the Bangladesh Economy in FY2023-24 (First Reading) 2.00 0.00 General Food Non-food ■Apr-23 ■May-23 ■Jun-23 ■Jul-23 Aug-23 Sep-23 Oct-23 21

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