Annual inflation rate in Bangladesh was nearly flat at 5.4 percent in October of 2018, compared to 5.43 percent in September. Still, it is the lowest reading since March of 2017, dragged down by a slowdown in cost of food (5.08 percent compared to 5.42 percent to 5.42 percent in September) while inflation went up for rent and utilities (2.7 percent compared to 2.21 percent); clothing and footwear (10.88 percent compared to 10.4 percent); and transport and communication (8.14 percent compared to 7.23 percent). On a monthly basis, consumer prices went up 0.6 percent, below 1.8 percent in the previous month. Inflation Rate in Bangladesh averaged 6.55 percent from 1994 until 2018, reaching an all time high of 16 percent in September of 2011 and a record low of -0.03 percent in December of 1996.
Inflation Rate in Bangladesh is expected to be 5.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Bangladesh to stand at 6.10 in 12 months time. In the long-term, the Bangladesh Inflation Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.