Inflation rate drops slightly in September

ft online

The point-to-point inflation rate in September dropped to 5.43 per cent compared to that of 5.48 per cent in the previous month, official data showed.

Bangladesh Bureau of Statistic (BBS) data, unveiled Tuesday, showed that although the overall inflation rate decreased slightly by 0.05 percentage points last month but the non-food inflation has increased in the same time.

According to the BBS data, the inflation rate for the non-food items has risen significantly to 5.45 per cent in September than that of 4.73 per cent in the previous month August.

Meanwhile, the point-to-point inflation for the food item has dropped slightly to 5.42 per cent in the last month from that of 5.97 per cent in the previous month August.

Emerging from the Executive Committee of the National Economic Council (ECNEC) meeting Tuesday in Dhaka, Planning Minister AHM Mustafa Kamal, unveiled the data of the consumer price index (CPI) of the country.

He told reporters that the inflation both in the urban and rural areas have also dropped slightly.

In the rural Bangladesh, the inflation rate in September was 4.99 per cent in the past month compared to 5.05 per cent in August this year.

In the urban area, the point-to-point inflation was recorded lower at 6.23 per cent in September from that of 6.28 per cent in August.