share
 

Bangladesh's inflation eases slightly in August

0 Comment(s)Print E-mail Xinhua, September 9, 2024
Adjust font size:

DHAKA, Sept. 9 (Xinhua) -- Bangladesh's inflation eased slightly in August, but remained at double-digit levels for the second consecutive month as consumer prices persistently stayed high.

Bangladesh's inflation decreased to 10.49 percent in August from 11.66 percent in July, according to the latest data from the Bangladesh Bureau of Statistics.

Food inflation eased slightly to 11.36 percent in August from 14.10 percent in the previous month.

Inflation for non-food items edged up to 9.74 percent in August from 9.68 percent in July, the data showed.

The country's average inflation, however, surged to 9.73 percent in the fiscal year 2023-24 (July 2023-June 2024), much higher than the budgetary target of 7.5 percent.

In the previous 2022-23 fiscal year, overall inflation was 9.02 percent.

On June 30, the Bangladeshi parliament passed a record 7.97-trillion-taka (68 billion U.S. dollars) national budget for the 2024-25 fiscal year. Inflation rate announced at 6.5 percent for the 2024-25 fiscal year in the budget has been revised to 6 percent. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter