{"id":351790,"date":"2025-08-17T14:09:14","date_gmt":"2025-08-17T14:09:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/351790\/"},"modified":"2025-08-17T14:09:14","modified_gmt":"2025-08-17T14:09:14","slug":"curbing-inflation-rice-price-a-major-roadblock-to-govt-measures","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/351790\/","title":{"rendered":"Curbing inflation: Rice price a major roadblock to govt measures"},"content":{"rendered":"<p>      Rice inflation surges past 50% share of food price rise    <\/p>\n<p>\n                    <strong class=\"color-black\">TBS Report <\/strong>\n          <\/p>\n<p>\n      17 August, 2025, 10:05 am    <\/p>\n<p>\n      Last modified: 17 August, 2025, 11:47 am    <\/p>\n<p>\n      Representational image\/Collected<\/p>\n<p>&#8220;&gt; <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"adf-overlay ratio ratio__16x9 lazyload\" data-aspectratio=\"452\/254\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/inflation_1_0.jpg\" width=\"452\" height=\"254\" alt=\"Representational image\/Collected\" title=\"\"\/><\/p>\n<p>\n          Representational image\/Collected        <\/p>\n<p class=\"rtejustify\"><strong>Rice prices remain a major driver of food and overall inflation in Bangladesh, according to the\u00a0Economic Update and Outlook: August 2025\u00a0report published by the General Economics Division (GED) of the Bangladesh Planning Commission.<\/strong><\/p>\n<p class=\"rtejustify\">The report notes that despite efforts by the interim government to stabilise the economy, the persistent rise in rice prices has emerged as a fresh challenge. Rice&#8217;s contribution to food inflation rose from 40% in May to 51.55% in July. Medium and coarse rice alone accounted for 24% and 18.39% of the rate, respectively. All three major rice categories \u2014 fine, medium, and coarse \u2014 recorded inflation of around 15% in July.<\/p>\n<p class=\"rtejustify\">This trend contradicts earlier expectations that a strong Boro harvest would help cool 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\" target=\"_blank\" rel=\"noopener\"><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\"><strong>Production and supply gaps<\/strong><\/p>\n<p class=\"rtejustify\">The GED identifies production shortfalls as a key factor. Data from the Bangladesh Bureau of Statistics (BBS) show that Aus and Aman production dropped by 0.85% and 6.04% in FY2024\u201325, mainly due to frequent floods and unfavorable weather. Land under Aus cultivation also fell by 7.32% compared to the previous year.<\/p>\n<p class=\"rtejustify\">To ease the supply crunch, the government announced a procurement target of 1.4 million metric tons of Boro rice in April. However, rice distribution in July was only 62,889 metric tons \u2014 36% lower than the same period last year. The Ministry of Food also invited private imports on July 23, with a deadline for applications set for August 7. The GED cautions that these measures may take several months to impact market prices.<\/p>\n<p class=\"rtejustify\"><strong>Inflation edges up after steady decline<\/strong><\/p>\n<p class=\"rtejustify\">Headline inflation rose slightly to 8.55% in July from 8.48% in June \u2014 the first increase after seven consecutive months of decline. Still, the report says this is not alarming, given the severe macroeconomic challenges inherited by the interim government in August 2024.<\/p>\n<p class=\"rtejustify\">Under Chief Adviser Muhammad Yunus, coordinated fiscal and monetary policies have already pulled inflation down from double digits. Bangladesh Bank&#8217;s latest monetary policy aims to reduce inflation below 7% by December 2025.<\/p>\n<p class=\"rtejustify\">While supply-side pressures remain, the GED emphasizes the importance of close market monitoring and timely provision of agricultural inputs. Non-food inflation stayed stable, and falling vegetable and root crop prices helped contain overall inflation in July.<\/p>\n","protected":false},"excerpt":{"rendered":"Rice inflation surges past 50% share of food price rise TBS Report 17 August, 2025, 10:05 am Last&hellip;\n","protected":false},"author":2,"featured_media":351791,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,1700,16,15],"class_list":{"0":"post-351790","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-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115044507064674340","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/351790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=351790"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/351790\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/351791"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=351790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=351790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=351790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}