The Taylor Swift effect that drove up travel and hotel-related costs in the country's biggest cities had some analysts looking for an uptick in headline inflation in February
National oil company Petrobangla announced the withdrawal of the decision in a notice on Thursday.
Industrialists expressed dissatisfaction after the government ordered them to stop using gas from 5pm to 9pm daily from Apr 11 amid a shortage during Ramadan.
It came after CNG filling stations were told to remain closed for six hours every day in order to ensure uninterrupted supply to the power plants.