Inflation eases by 1.17 pc in August: BBS

Staff Correspondent: The overall inflation has decreased by 1.17 percent in August compared to July, according to Bangladesh Bureau of Statistics (BBS) report on Sunday.

The BBS data showed that the overall inflation was 11.66 percent in July, and it went down 10.49 percent in August.

Besides, food inflation came down to 11.36 percent in August, which was 14.10 percent in July.

On the other hand, non-food sector inflation picked up slightly. Inflation in this sector was 9.68 percent in July, which increased slightly to 9.74 percent in August.

Earlier in July, inflation was the highest in the last 13 years. Inflation crossed double digits during the month of student quota reform movement. Overall inflation rose to 11.66 percent in that month. Overall inflation was 9.72 percent last June.

On the other hand, food inflation rose to 14 percent in July, the highest in last 13 years. Earlier, the last highest food inflation was in April 2011 at 14.36 percent. Since then, food inflation has never risen above 14 percent.