Inflation below 9 percent after two years

Date:

Post View:

Inflation below 9 percent after two years

The overall rate of inflation in the nation has dropped from 0.57 percent to 8.48 percent. As a result, after two years, the nation’s inflation rate has dropped below 9%. The Bangladesh Bureau of Statistics (BBS) recently released a study that included this information.

According to the data, the point-to-point national general inflation rate in May was 9.05 percent. In June, it dropped from that level by 0.57 percent to 8.48 percent. The drop in the cost of both food and non-food items is the primary cause of this decrease in inflation. Food inflation dropped from 8.59 percent in May to 7.39 percent in June. In contrast, non-food inflation dropped from 9.42 percent in May to 9.37 percent.

General point-to-point inflation at the rural level decreased from 9.05 percent in May to 8.46 percent in June, according to BBS statistics. In rural areas, food inflation dropped from 8.30 percent in May to 7.14 percent in June. Non-food item inflation dropped from 9.75 percent in May to 9.72 percent.
In a similar vein, urban general point-to-point inflation decreased from 9.50 percent in May to 8.94 percent in June. In cities, the rate of inflation for food products dropped from 9.29 percent in May to 7.99 percent in June. Non-food item inflation dropped from 9.63 percent in May to 9.53 percent.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

AIBL holds training workshopon investment risk management

A three-day training course titled “Investment Risk Management” has...

Monzurur Rahman Re-elected Chairman of Pubali Bank

Prominent businessman and philanthropist Monzurur Rahman has been re-elected...

Pubali Bank holds 43rd annual general meeting

The 43rd Annual General Meeting (AGM) of Pubali Bank...

Guardian to insure Plan International Bangladesh employees, dependents

Guardian Life Insurance Limited will provide comprehensive life and...