Wednesday | 16 October 2024 | Reg No- 06
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Wednesday | 16 October 2024 | Epaper
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Inflation eased by 1.17 percentage points in August

Published : Monday, 9 September, 2024 at 12:00 AM  Count : 214
Inflation dropped to 10.49 percent, down from 12 year high in July, according to data from Bangladesh Bureau of Statistics (BBS) unveiled on Sunday (8 September).

Bangladesh's general inflation in July, marked by quota reform movement leading to blockades and curfews, soared to a record high of 11.66 percent. The current drop is expected to bring some relief to prices, but it still remains in double-digits.

It is to be noted that food inflation also fell from 14.10 percent to 11.35 percent. Non-food inflation, on the other hand, rose from 9.68 percent to 9.74 percent.

The interim government, which came to power on 8 August, has made combating inflation a priority. Students in the capital began kitchen market monitoring from 9 August to keep prices in check.

The Ministry of Commerce, on 1 September, asked the National Board of Revenue (NBR) to withdraw import duties on onion, potato and eggs in a bid to keep their prices stable in the market amid production disruption due to the ongoing flood situation.



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