{"id":202536,"date":"2025-12-25T02:00:15","date_gmt":"2025-12-25T02:00:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/202536\/"},"modified":"2025-12-25T02:00:15","modified_gmt":"2025-12-25T02:00:15","slug":"inflation-rose-in-nov-driven-by-rice-protein-prices-planning-commission-report","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/202536\/","title":{"rendered":"Inflation rose in Nov driven by rice, protein prices: Planning Commission report"},"content":{"rendered":"<p>      Bangladesh\u2019s external sector showed signs of gaining momentum, while the banking sector remained resilient, says the report.     <\/p>\n<p>\n                    TBS Report\n          <\/p>\n<p>\n      24 December, 2025, 01:30 pm    <\/p>\n<p>\n      Last modified: 24 December, 2025, 01:48 pm    <\/p>\n<p>\n      Illustration: Ashrafun Naher Ananna\/TBS Creative<\/p>\n<p>&#8220;&gt; <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"adf-overlay ratio ratio__16x9 lazyload\" data-aspectratio=\"451\/254\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/12\/1766628013_93_taka_2.png\" width=\"451\" height=\"254\" alt=\"Illustration: Ashrafun Naher Ananna\/TBS Creative\" title=\"\"\/><\/p>\n<p>\n          Illustration: Ashrafun Naher Ananna\/TBS Creative        <\/p>\n<p class=\"rtejustify\">Bangladesh&#8217;s general inflation rose slightly in November, driven mainly by higher prices of rice and protein items, even as vegetables continued to provide some relief, according to the latest Economic Update &amp; Outlook released by the General Economics Division (GED) of the Planning Commission.<\/p>\n<p class=\"rtejustify\">Overall inflation increased to 8.29% in November, up from 8.17% in October. Food inflation climbed to 7.36% from 7.08%, while non-food inflation remained broadly stable at around 9%, says the report released today (24 December).<\/p>\n<p class=\"rtejustify\">Although rice inflation showed a clear downward trend across all categories, falling to 12.26% in November from 13.77% in October, it remains elevated and continues to exert significant pressure on food prices.<\/p>\n<p>        <a style=\"font-weight: bold; color: #2b4949; border-bottom: 1px solid #ccc; font-size: 18px;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMIivlQsw2ZKrAw?ceid=US:en&amp;oc=3\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <img decoding=\"async\" src=\"https:\/\/www.tbsnews.net\/sites\/all\/themes\/sloth\/images\/google_news.svg\" alt=\"The Business Standard Google News\" style=\"display: inline-block; margin-right: 15px; margin-bottom: 10px; height: 30px;\"\/><br \/>\n            Keep updated, follow The Business Standard&#8217;s Google news channel<br \/>\n          <\/a><\/p>\n<p class=\"rtejustify\">Medium rice inflation declined to 10.96%, fine rice to 15.43% and coarse rice to 11.04%.<\/p>\n<p class=\"rtejustify\">Despite the easing, rice remained the single largest contributor to food inflation, accounting for 40.28% in November.<\/p>\n<p class=\"rtejustify\">Protein items added further pressure: the combined contribution of fish and dry fish rose to 40.77%, while beef, hilsa and pangas fish also recorded higher contributions compared to October.<\/p>\n<p><a href=\"https:\/\/www.tbsnews.net\/economy\/inflation-inches-829-november-1303626\" class=\"also-read\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"ratio ratio__16x9 lazyload\" data-aspectratio=\"451\/254\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/12\/1766628013_93_taka_2.png\" width=\"451\" height=\"254\" alt=\"\" title=\"\"\/><br \/>\n<\/a><\/p>\n<p class=\"rtejustify\">In contrast, vegetables continued to play a strong disinflationary role, though the magnitude of the impact moderated, with their negative contribution improving to -17.37% from -20.57% a month earlier. Potato and onion prices remained sharply disinflationary.<\/p>\n<p class=\"rtejustify\">Wage growth lags prices\n<\/p>\n<p class=\"rtejustify\">The report notes that the gap between price inflation and wage inflation narrowed in October but widened slightly again in November.<\/p>\n<p class=\"rtejustify\">With wage inflation at 8.04% against price inflation of 8.29%, real incomes remain under pressure, although the relatively narrow gap suggests some partial adjustment through wage growth.<\/p>\n<p class=\"rtejustify\">External sector, banking show resilience<\/p>\n<p class=\"rtejustify\">Bangladesh&#8217;s external sector showed signs of gaining momentum, supported by strong remittance inflows and modest export growth.<\/p>\n<p class=\"rtejustify\">Meanwhile, the banking sector remained resilient, underpinned by steady deposit expansion.<\/p>\n<p class=\"rtejustify\">Bank deposits reached Tk1,924,635.7 crore in October, registering a robust 9.62% year-on-year growth, reflecting continued depositor confidence.<\/p>\n<p class=\"rtejustify\">Credit growth, however, moderated. Total domestic credit growth slowed to 9.62% in October from 10.20% in September, with public sector credit growth easing more sharply than private sector lending.<\/p>\n<p class=\"rtejustify\">Interest rate spreads differ across banks<\/p>\n<p class=\"rtejustify\">Weighted average interest rate (WAIR) spreads varied significantly across banking groups in October.<\/p>\n<p class=\"rtejustify\">Foreign commercial banks recorded the highest spread at 8.88%, while specialised and development banks posted the lowest at 3.37%, reflecting their concessional and mandate-driven operations.<\/p>\n<p class=\"rtejustify\">State-owned and private commercial banks showed similar spreads at around 5.6%.<\/p>\n<p class=\"rtejustify\">The GED noted that a WAIR spread of around 5% is desirable, as it signals improved efficiency in the banking sector while balancing profitability and borrowing costs.<\/p>\n<p class=\"rtejustify\">Overall, the report suggests that while inflationary pressures, particularly from food items, remain a concern, improving fiscal performance, stable banking indicators and strengthening external accounts provide grounds for cautious optimism in the near-term economic outlook.<\/p>\n","protected":false},"excerpt":{"rendered":"Bangladesh\u2019s external sector showed signs of gaining momentum, while the banking sector remained resilient, says the report. TBS&hellip;\n","protected":false},"author":2,"featured_media":202537,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":{"0":"post-202536","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-il","11":"tag-israel"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/202536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=202536"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/202536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/202537"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=202536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=202536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=202536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}