Bangladesh witnesses healthful inflation trend: statistics secretary
Statistics and Informatics Division Secretary Mohammad Yamin Chowdhury said on Thursday Bangladesh offers been witnessing a wholesome inflation trend above a particular period of time thanks to various proactive steps taken by the federal government.
“If there is zero inflation in the economy, after that it won’t be considered a good and dynamic economy for which there is a dependence on having a certain degree of inflation on a regular basis,” he added.
The general point to point inflation rate in January 2021 was 5.02 percentage point, that was 5.29 percentage point in December this past year, he mentioned.
The Statistics and Informatics Division secretary was addressing at a workshop titled “Stakeholder (media) Consultation Workshop” as chief guest organized by Bangladesh Bureau of Figures (BBS) for the members of the Bangladesh Advancement Journalist Discussion board (DJFB) at the BBS auditorium in the city.
Chaired simply by the director-general of the BBS Mohammad Tajul Islam, chief data officer of the Press Details Division (PID) Surath Kumar Sarkar and deputy director general of Bangladesh Betar ASM Zahid spoke for the workshop as distinctive guests.
Deputy director standard of BBS Ghose Subobrata gave the address of welcome while director of BBS Dr Md Shahadat Hossain made a presentation on National People Register (NPR) while BBS director Abdul Kader Miah made the key-note presentation on “Client Cost Index (CPI): Inflation Fee and Wage Fee Index (WRI): Practices in Bangladesh”.
Turning to the problem of CPI once again, Yamin said when there is not a great expected degree of inflation within an economy, then there will be no such investment.
He said it is also bad for a market if the inflation price dips below 5 percent or shoots up a lot more than 5 percent.
The secretary said a study was carried out during the COVID-19 period where it had been found that the reason for deaths from various conditions in the united states was much higher compared to the deaths from pandemic.
Quoting the survey results, he mentioned that a lot of 5,002 people in Bangladesh died right from COVID-19 through the survey period, but around 1.80 lakh persons died from various heart-related diseases. That survey proved that deaths from various other diseases were higher compared to the deaths from pandemic in Bangladesh and so the general perception of the commoners was changed, Yamin added. BBS director general Mohammad Tajul Islam stated that they are hopeful of materializing a National Human population Register (NPR) in the united states which is likely to decrease fraudulence to a big extent.
