Staff Correspondent:

Food inflation rate in the country had declined to 8.93% in March, which was 9.24% in the previous month.

However, after three months of a downward trend in the country, inflation rates slightly hiked to 9.35% in March.

The rate was 9.32% in the previous month.

The information was revealed by the Bangladesh Bureau of Statistics (BBS) on Tuesday (April 8).

On the other hand, according to the BBS data, non-food inflation increased to 9.70% in March, which was 9.38% in February.

Inflation has been on a low trend since last December. During this time, food inflation decreased, although non-food inflation increased.

INFLATION GROWTH RATE

On a point-to-point basis, the growth in the second quarter of the 2024-25 fiscal year was 4.48%, compared to 4.47% in the second quarter of the previous 2023-24 fiscal year.

The growth in the first quarter of the 2024-25 fiscal year, however, stood at 1.96%.

Growth in the agriculture and service sectors declined during this period.

On a point-to-point basis, growth in the sector stood at 1.25% in the second quarter of the 2024-25 fiscal year, remaining at constant prices, compared to 4.09% in the second quarter of the 2023-24 fiscal year.

In the services sector, the growth on a point-to-point basis stood at 3.78% in the second quarter of the 2024-25 fiscal year at constant prices, compared to 7.10% in the second quarter of the 2023-24 fiscal year.

Growth in the industrial sector increased during this period.

On a point-to-point basis, it stood at 7.10% in the second quarter of the 2024-25 fiscal year at constant prices, compared to 1.04% in the second quarter of the 2023-24 fiscal year.