1. admin@thebangladesh.news : The Bangladesh :
June 14, 2024, 1:26 am

Food inflation rose to 10.22 percent in April

  • Update Time : Tuesday, May 14, 2024
  • 11 Time View

Food inflation in the country increased again within a month. Last April, food inflation increased by 35 basis points to 10.22 percent.

 

According to the data of Bangladesh Bureau of Statistics (BBS) on Monday, the price inflation in food products was 9.87 percent last March.

However, non-food inflation decreased by seven basis points to 9.74 percent in April compared to last March.

 

According to the data published by BBS, the rate of inflation is higher in rural areas than in urban areas. In April, the general inflation rate in cities was 9.46 percent, while in rural areas it was 9.92 percent. Inflation rate in rural food sector is 10.25 percent and non-food sector is 9.60 percent.

On the other hand, the general inflation rate in the city is 9.46 percent. In the city, the rate of inflation in the food sector was 10.19 percent and in the non-food sector was 9.01 percent. Inflation rate has increased in all sectors in rural compared to urban.

 

The BBS says that while headline inflation was 9.74 percent in April, the wage index rose to just 7.85 percent. That means having to borrow to meet household expenses. 8.25 percent in agriculture, 7.36 percent in industry and 8.45 percent in service sector. No sector has wages above 9 percent, while general inflation is close to 10 percent

 


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