Dhaka, July 11 -- Bangladesh is projected to face the highest average inflation rate among South Asian nations in the current fiscal year, according to the Asian Development Bank (ADB).

In its latest Asian Development Outlook (ADO) July update, the Manila-based multilateral lender predicted that Bangladesh's average inflation could hit 8.8 percent, outpacing regional peers including India, Pakistan, and Sri Lanka.

ADB projects Bangladesh's GDP growth at 4.5 percent in FY2027 amid high inflation

According to the ADB, the stubborn inflationary pressure in Bangladesh is heavily linked to the domestic tariff revisions of energy resources. The report pointed out that recent price adjustments of petroleum, gas, and electricity continue to ex...