The last ten year's price stability recorded
in Bangladesh.
Economics is a science, which studies human behavior as a relationship between ends and scare means, which have an alternatives use. From this definition we can easily say that economics is keenly related with human life. To bring happiness in human life economic solvency is most important. To bring personal economic stability there need to macro economic stability in the country's economy. For this purpose macro economy has three basic goals. And maintain price stability in the economy is one of the most important macro economic objectives.
Before discussing the price stability of last 10 years recorded in Bangladesh we need to know about price stability, its measures and its importance for the economy.
Price-stability: the term "Price-Stability" means that the overall price level is either unchanged or rising very slowly. This price level can be shown from the average price of goods and services bought by customers and the ups and down of price level can be traced when more price have to give than the past for buying a good.
Economists measure price stability by a macro-economic tools of inflation rate or rate of inflation.
Inflation is defined, as a sustained upward movement in price and rate of inflation is the percentage change in the overall price level from one year to the next. Thus we calculate the inflation rate as-
There are three price indexes typically relied on as mea ...