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  • DECEMBER 21, 2024

Inflation decreased in August


  • Trade
  • Business Desk
  • Published: 08 Sep 2024, 05:36 PM

Bangladesh Bureau of Statistics (BBS) said that overall inflation has decreased in August compared to last July. Headline inflation decreased by 1.17 percent in August compared to July.

On Sunday (September 08), the National Accounting Wing of the Bangladesh Bureau of Statistics published the August inflation report from the Price and Wage Statistics Branch.

According to BBS, overall inflation was 11.66 percent in July. Which decreased to 10.49 percent in August. Besides, food price inflation came down to 11.36 percent in August, which was 14.10 percent in July.

On the other hand, non-food sector inflation picked up slightly. Inflation in this sector was 9.68 percent in July, which increased slightly to 9.74 percent in August.

Earlier in July, inflation was the highest in the last 13 years. Inflation crossed double digits during the month of student quota reform movement. Overall inflation rose to 11.66 percent in that month. Overall inflation was 9.72 percent last June.

On the other hand, food inflation rose to 14 percent in July. Which is highest in last 13 years. Earlier, the last highest food price inflation was in April 2011 at 14.36 percent. Since then, food inflation has never risen above 14 percent.

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