Inflation Eases to 8.17% in October as Food Prices Fall

Date:

Post View:

Inflation Eases to 8.17% in October as Food Prices Fall

BM Desk : Bangladesh’s overall inflation rate eased slightly in October, driven by a decline in food prices, according to the latest data released by the Bangladesh Bureau of Statistics (BBS) on Wednesday.

The report shows that overall inflation stood at 8.17% in October, compared to 8.36% in September. Economists say the modest decline indicates some relief in consumer prices, although cost pressures remain high in non-food sectors.

According to BBS data, food inflation fell to 7.08% in October, down from 7.64% a month earlier, as prices of essential food items such as rice, vegetables, and edible oil saw slight corrections.

In contrast, non-food inflation increased to 9.13% in October from 8.89% in September, reflecting higher expenses in transportation, healthcare, and various service sectors.

Analysts note that while the easing of food inflation offers short-term comfort to households, the continued rise in non-food costs suggests underlying structural challenges, including higher import costs and persistent pressure on the taka.

They emphasize that controlling inflation sustainably will require careful monetary and fiscal coordination, along with measures to stabilize supply chains and reduce production costs.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

BCIC to build 10 commercial buildings on unused land

The Bangladesh Chemical Industries Corporation (BCIC) has launched a...

Sonali Bank holds Shariah supervisory committee meeting

The Shariah Supervisory Committee of Sonali Bank PLC held...

IFIC and Transcom Electronics sign memorandum of understanding

IFIC Bank PLC and Transcom Electronics Limited, one of...

AIBL organizes open agricultural investment distribution program

Al-Arafah Islami Bank PLC organized an Open Agricultural Investment...