• TUESDAY
  • DECEMBER 03, 2024

Food inflation up to 9.89% in May


  • Trade
  • Staff Correspondent
  • Published: 03 Jun 2024, 06:22 AM

A data released by Bangladesh Bureau of Statistics (BBS) on Monday said inflation rose to 9.89% in May due to the higher food prices.

The food inflation surged by 54 basis points to 10.76% from 10.22%, while non-food inflation decreased by 15 basis points to 9.19% from 9.34%, according to BBS data.

The food inflation hit a five-month high, reaching 10.22% in April this year, despite an overall decrease in the inflation rate to 9.74% from 9.81% in March.

The food inflation spiked to 10.22% in April from 9.87% in March, marking its highest level in the past five months, adversely impacting the economically disadvantaged and those with low incomes.

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