Inflation in Bangladesh eases to 8.29% in Aug from 8.55% in July
The slight decline was primarily attributed to a drop in non-food inflation.
The general point-to-point inflation rate in Bangladesh eased to 8.29 per cent in August from 8.55 per cent in July, the Bangladesh Bureau of Statistics said.
The slight drop was primarily attributed to a drop in non-food inflation.
Point-to-point non-food inflation dipped to 8.9 per cent in August from 9.38 per cent in the preceding month.
The August inflation rate was the lowest in the last 37 months.
The general inflation rate was 8.48 per cent in June this year.
The August inflation rate was the lowest in the last 37 months. Inflation was 7.48 per cent in July 2022, according to BBS data. Since then, the rate never went below 8 per cent.
Point-to-point non-food inflation dipped to 8.9 per cent in August from 9.38 per cent in the preceding month, domestic media outlets reported.
Inflation in both rural and urban areas also recorded slight decreases during the same period.
Fibre2Fashion News Desk (DS)