Bangladesh Bureau of Statistics (BBS) released the inflation data for the month of August and September on the same day, Tuesday.
According to the official BBS data, inflation increased to 9.52% in August, the highest in the last 135 months.
Moreover, inflation rose to the highest level in 11 years and 3 months in August but eased slightly in September to 9.1%, BBS data said.
Inflation has been above 9% for two consecutive months. Meanwhile, it was 7.48% in July.
Planning Minister MA Mannan disclosed the numbers to the media citing BBS after an Executive Committee of the National Economic Council (Ecnec) meeting.
While disclosing the BBS report on inflation of the past two months, Planning Minister MA Mannan said: “Due to the overall situation, inflation is increasing in the country. The prices of all products have increased in the international market. But now inflation is on the decline. It will decrease further.”
BBS data analysis shows that, with the 1995-96 base year, general inflation jumped to 11.97% in September 2011.
Subsequently, the base year was updated to 2005-06 as 11.97% was the highest in the past 20 years.
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