Inflation hits 5.68% in August - News Summed Up

Inflation hits 5.68% in August


BigstockIn the rural areas, the general inflation rate slightly went up to 5.60% in the last month from 5.43% in JulyThe general point-to-point inflation rate slightly increased to 5.% point in August from 5.53% point in the previous month due to rise in food inflation. According to the monthly consumer price index provided by the Bangladesh Bureau of Statistics (BBS), the food inflation rose to 6.08% in August from 5.70% in July, but the non-food inflation rate declined at 5.05% in last month from 5.28% in July. In the rural areas, the general inflation rate slightly went up to 5.60% in the last month from 5.43% in July. On the other hand, the general inflation rate increased to 5.81% in August from 5.72% in the previous month in the urban areas. The point-to-point national wage index witnessed a slight upward trend with 5.91% in August against 5.82% in July 2020.


Source: Dhaka Tribune September 01, 2020 13:18 UTC



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