AEIR 2018

The economy grew at 7.3% in fiscal year 2017 (FY2017, ended 30 June 2017) driven by a revival in exports, strong consumption, and recovery of remittances and investment spending. Inflation eased to 5.4%, but the current account logged a deficit at 0.5% of GDP. Growth is expected to accelerate to 7.9% in FY2018, the highest since 1974, before nudging down a bit to 7.5% in FY2019. Inflation will edge up to 5.8% and 6.3%, and the current account deficit is expected to widen to 3.6% and 3.5% in 2018 and 2019, respectively. Sustained high growth entails a continued expansion of industrial base and a diversified export basket, which in turn rests on filling large infrastructure deficits and implementing policy reform.

Source: Asian Development Outlook 2018 Update, ADB.
Latest Month-Ago Year-Ago
Composite Stock Price Index 1 5.0 (Dec18)5.0 6.0
Broad Money Growth 2 8.8 (Nov18)8.8 9.0
Headline Inflation Rate 3 5.4 (Dec18)5.4 5.8
Industrial/ Manufacturing Production Growth Rate 3 7.5 (Aug18)24.2 16.6
Merchandise Export Growth 3 9.8 (Oct18)9.8 27.9
Exchange Rate Index 4 126.1 (Dec18)126.2 124.3
1 Monthly average, local index.
2 %.
3 y-o-y, %.
4 Monthly average, January 2006 = 100, $/local currency.
Source: Bloomberg LP; CEIC database; Bangladesh Bureau of Statistics; Bangladesh Bank.

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