Inflation eases slightly at 9.92% in September

Inflation in Bangladesh came down slightly to single digits in September, after spiking in double digits for the last two months.

As per the Price and Wage Statistics Branch of the National Accounting Wing of the Bangladesh Bureau of Statistics (BBS) on Wednesday, general inflation declined to 9.92% in September, which was 10.49% in August.

Food inflation declined to 10.40% in September from 11.36% in August.

Overall inflation decreased by 0.57% in September compared to August.

On the other hand, inflation in the non-food sector has also come down slightly. Inflation in this sector was 9.74% in August, which decreased to 9.50% in September.

Earlier, July saw the highest inflation in 13 years.

Inflation crossed double digits during the month of the students’ quota reform movement.

Overall inflation rose to 11.66% that month. General inflation was 9.72% last June.

Food inflation rose to 14% in July, which was the highest in 13 years.

Earlier, the last highest food price inflation was in April 2011 at 14.36%.

Since then, food inflation has never risen above 14%. Inflation has been gradually decreasing after July.

dhakatribune.com