Dhaka, Dec. 8 -- Bangladesh's inflation edged higher in November, despite a full year of aggressive monetary tightening, as point-to-point inflation rose to 8.29 percent amid renewed pressure from food prices and persistently elevated costs in both rural and urban areas.
Fresh CPI data released by the Bangladesh Bureau of Statistics (BBS) show that although inflation is significantly lower than a year earlier, the months-long downward momentum has stalled, reflecting deep-rooted structural constraints in the economy.
Wage growth has also failed to keep pace with rising prices. According to BBS figures, wages increased by 8.04 percent in November-still below inflation-further eroding household purchasing power compared to last year.
The l...