Inflation Bangladesh 2023
Average inflation: 9.9%
Current Inflation
Inflation is very high at 9.9%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 10.5%. The lowest inflation was in January at 8.6%.
- Highest month
- May: 10.5%
- Lowest month
- January: 8.6%
- Difference
- 1.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 10.4%. The lowest price increase was in Energy with an average of 8.4%.
- Highest increase
- Food: 10.4%
- Lowest increase
- Energy: 8.4%
Historical Context
Current inflation is 3.0% higher than the 5-year average of 6.9%.
- 5-year average
- 6.9%
- 10-year average
- 6.4%
- All-time high (2011)
- 11.4%
- All-time low (2021)
- 5.5%
Trend
Inflation shows an upward trend. Compared to 2022, inflation has risen by +2.2 percentage point.
- Change vs. previous year
- +2.2 percentage points
- Largest monthly swing
- April: +3.5 percentage points
ECB Target
Inflation is 7.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €109.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2023
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2022 |
|---|---|---|
| January | 8.6% | +2.7 |
| February | 8.8% | +2.6 |
| March | 9.3% | +3.1 |
| April | 9.8% | +3.5 |
| May | 10.5% | +3.1 |
| June | 10.3% | +2.7 |
| July | 10.2% | +2.7 |
| August | 10.5% | +1.0 |
| September | 10.2% | +1.1 |
| October | 10.5% | +1.6 |
| November | 10.0% | +1.1 |
| December | 9.9% | +1.2 |
| Average | 9.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.