Bangladesh Lubricant Prices Climb As Middle East Crisis Squeezes Market: TBS Report
Lubricant prices climb in Bangladesh as Middle East crisis disrupts global supply chains for base oils and finished lubricant products.
55 news articles tagged with "Inflation"
Lubricant prices climb in Bangladesh as Middle East crisis disrupts global supply chains for base oils and finished lubricant products.
PRI Vice-Chairperson Sadiq Ahmed argues Bangladesh must liberalise imports to fight persistent 9.3% average inflation over past 4 years, as import volume has fallen 31% since FY2022 creating supply-driven price pressures.
Bangladesh Bank MPC says tight monetary policy harming recovery. Rate cut to 9.5% recommended. Inflation driven by structural factors: food supply, energy prices, market inefficiencies. Global inflation normalising.
Bangladesh banks cut deposit rates 50-100 bps from August 1, pushing yields to 8.50-9% against 9.16% inflation. BB cut policy rate to 9.50%. Surplus liquidity rose to Tk 3,27,877 crore. BIBM former DG questions move.
A CPD study reveals that supply shortages, trader collusion, and hoarding are the most frequent causes of high food prices in Bangladesh. Price spreads exceed 100% for potatoes, brinjal, and green chilli, hitting low-income households hardest.
Bangladesh's national poverty rate rose to 22.5% in FY26, up from 18.7% in 2022, with 2.1 million additional people falling below the international poverty line during the year, according to the World Bank's October 2026 Bangladesh Development Update.
IMF forecasts Bangladesh's GDP growth could fall to 3.2% in current fiscal year while average annual inflation could reach 10.9%, putting people under greater pressure as sluggish growth and high inflation combine.