General point to point inflation declines slightly to 9.72% in June

The general point to point inflation rate in June, 2024, has slightly declined to 9.72 percent due to the downtrend in both food and non-food inflation.

According to the monthly consumer price index released by the Bangladesh Bureau of Statistics (BBS), the general point to point inflation rate in May was 9.89 percent while it was 9.74 percent in April this year.

According to the data of the BBS, the point to point food inflation has slightly declined to 10.42 percent in June, 2024, which was 10.76 percent in May, 2024.

The BBS data showed that the point to point non-food inflation rate also declined slightly to 9.15 percent in June down from 9.19 percent in May.

Besides, the general inflation rate at the urban level in June declined to 9.58 percent while it was 9.81 percent at the rural level.

At the rural level, the food inflation declined to 10.39 percent in June, down from 10.73 percent in the previous month, while the non-food inflation also declined to 9.26 percent in June as against 9.31 percent in May this year.

In urban areas, the food inflation also declined to 10.54 percent in June, down from 10.86 percent in May. The non-food inflation rate, also witnessed a slight declining trend with 8.98 percent in June which was 9.03 percent in May last.

The national wage index rate witnessed a 7.95 percent growth in June with 118.87 points against 7.88 percent growth with 118.59 points in May.