Staff Correspondent:

Inflation in Bangladesh slowed last month to its lowest level in over three years, according to data released by the Bangladesh Bureau of Statistics (BBS) on Sunday (September7).

Overall consumer prices rose 8.29% in August from a year earlier, down from 8.55% in July, marking the smallest point-to-point increase since August 2022.

Food inflation inched up to 7.6% from 7.56% in July, while non-food inflation fell sharply to 8.9% from 9.38%.

Meanwhile, wage growth for low-paid skilled and unskilled labourers edged down to 8.15%, extending a 43-month streak in which wages have lagged behind inflation, exacerbating the cost-of-living crisis for low-income households.

Notably, the central bank has set a target of containing inflation within a 6.5% ceiling for FY26.