Industry Desk: The overall inflation in Bangladesh stood at 9.24% in April, which was 9.33% in March, highest in the last eight months.
The latest inflation data was released by the Bangladesh Bureau of Statistics yesterday. Earlier in August last year, inflation in the country hit a record 9.52%.
According to BBS data, food inflation rose to 8.84% in April, down from 9.09% in March, while non-food inflation remained the same as the previous month at 9.72%.
The global economy was hit by a recession following the global pandemic and the Russia-Ukraine war. Bangladesh’s economy is also affected by the recession and has been witnessing high inflation rates for the past few months.
Relying on revenue to meet budget deficit Savings certificates, bonds and loans taken from…