In August of this year, Bangladesh’s overall point-to-point inflation rate rose to 9.92 percent, up from July’s 9.69 percent. The primary driver behind this increase was the upward trajectory of food inflation. According to data from the Bangladesh Bureau of Statistics (BBS), the inflation figure stood at 9.74 percent in June.
Interestingly, while food inflation experienced a surge in the past month, non-food inflation showed a contrasting trend. The non-food inflation rate dropped from 9.47 percent in July to 7.95 percent in August.
Furthermore, the general point-to-point inflation also exhibited an increase in both urban and rural areas last month. In rural areas, the inflation rate reached 9.98 percent, up from 9.75 percent in July. In urban areas, it stood at 9.63 percent, compared to 9.43 percent in July, as reported by different media sources.