Bangladesh’s headline inflation rate eased to 8.48 per cent in June this year, down from May’s 9.05 per cent, driven by declining prices in both food and non-food categories, according to the Bangladesh Bureau of Statistics (BBS).It has dropped below 9 per cent for the first time in 27 months.
Bangladesh's headline inflation rate eased to 8.48 per cent in June, down from May's 9.05 per cent, driven by declining prices in both food and non-food categories, official data show.
It has dropped below 9 per cent for the first time in 27 months.
Inflation is still high despite the latest easing, and well above the government's target for this fiscal, challenging policymakers ahead of the budget.
Non-food inflation fell to 9.37 per cent in June from 9.42 per cent in May, domestic media outlets reported.
The country’s inflation is still high despite the latest easing, and well above the government’s target for this fiscal, challenging both monetary and fiscal policymakers ahead of the upcoming national budget.
ALCHEMPro News Desk (DS)