Inflation Bangladesh 2024
Average inflation: 10.5%
Current Inflation
Inflation is very high at 10.5%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 11.7%. The lowest inflation was in April at 9.7%.
- Highest month
- July: 11.7%
- Lowest month
- April: 9.7%
- Difference
- 2.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 11.4%. The lowest price increase was in Energy with an average of 9.7%.
- Highest increase
- Food: 11.4%
- Lowest increase
- Energy: 9.7%
Historical Context
Current inflation is 2.6% higher than the 5-year average of 7.9%. This approaches the highest level since records began (11.4% in 2011).
- 5-year average
- 7.9%
- 10-year average
- 6.8%
- All-time high (2011)
- 11.4%
- All-time low (2021)
- 5.5%
Trend
Inflation shows an upward trend. Compared to 2023, inflation has risen by +0.6 percentage point.
- Change vs. previous year
- +0.6 percentage points
- Largest monthly swing
- January: +1.8 percentage points
ECB Target
Inflation is 8.5% 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 €110.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2024
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2023 |
|---|---|---|
| January | 10.4% | +1.8 |
| February | 10.2% | +1.4 |
| March | 10.3% | +1.0 |
| April | 9.7% | -0.1 |
| May | 9.9% | -0.6 |
| June | 9.7% | -0.6 |
| July | 11.7% | +1.5 |
| August | 10.5% | 0.0 |
| September | 9.9% | -0.3 |
| October | 10.9% | +0.4 |
| November | 11.4% | +1.4 |
| December | 10.9% | +1.0 |
| Average | 10.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.