Inflation eases to 10.49% in August

The general point-to-point inflation rate eased slightly last month as it reached 10.49 percent in August, 2024 due to downtrend mainly in food inflation.

The general point-to-point inflation rate in July, 2024 was 11.66 percent, according to the latest data of the Bangladesh Bureau of Statistics (BBS).

The BBS data showed that the food inflation declined to 11.36 percent in August 2024 from 14.10 percent in the previous month, while the non-food inflation rate slightly increased to 9.74 percent last month from 9.68 percent in July, 2024.

The general point to point inflation both at the urban and rural areas also declined last month, reports BSS.

The point to point inflation in the rural areas in August was 10.95 percent down from 11.89 percent in July. On the other hand, the point to point inflation rate in the urban areas in August was 10.01 percent down from 11.27 percent in July.

The wage rate index in August witnessed an uptrend with 7.96 percent which was 7.93 percent in July.