As of October 2024, the inflation rate in Bangladesh is projected to be 10.87% point to point and 10.05% monthly average. The inflation rate in Bangladesh has been high due to a combination of policy and institutional failure. Here are some other inflation rates in Bangladesh: 2023: 9.88% 2022: 7.70% 2021: 5.55% 2020: 5.69% The consumer price index (CPI) is used to measure inflation in Bangladesh. It reflects the annual percentage change in the cost of a basket of goods and services for the average consumer. The government has taken some steps to help with the high inflation, including: Distributing more foodgrains, Selling some essential food items at subsidized rates, and Seeking financial aid from international lenders.