September 20, 2024, 8:54 pm

Inflation eased by 1.17 pc in August

  • Update Time : Sunday, September 8, 2024
Photo: Collected

TDS Desk:

Inflation dropped to 10.49%, down from the 12-year high experienced in July, according to data from the Bangladesh Bureau of Statistics 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%.

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% to 11.35%. Non-food inflation, on the other hand, rose from 9.68% to 9.74%.

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 to withdraw import duties on onion, potato and eggs in a bid to keep the goods’ prices stable in the market amid production disruption due to the ongoing flood situation.

 

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