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Inflation in Bangladesh rises to 9.93% in Oct 2023

08 Nov '23
1 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • A rise in both food and non-food prices in Bangladesh led to inflation in October surging to 9.93 per cent, official data show.
  • In October, food inflation went up to 12.56 per cent from 12.37 per cent a month earlier, while non-food inflation rose to 8.3 per cent from 7.82 per cent in September.
  • The consumer price index was up by 9.63 per cent in September.
An increase in both food and non-food prices in Bangladesh led to inflation in October this year rising to 9.93 per cent, figures from the Bangladesh Bureau of Statistics (BBS) revealed.

In October, food inflation went up to 12.56 per cent from 12.37 per cent a month earlier, while non-food inflation increased to 8.3 per cent from 7.82 per cent in September.

The consumer price index was up by 9.63 per cent in September.

The overall monthly inflation was close to double digits for the first time in the past decade.

The headline inflation in September was 9.63 per cent.

BBS data also showed that people in rural areas faced higher inflation than those in urban zones. The bureau recorded overall inflation in rural areas at 9.9 per cent in October, compared to 9.72 per cent in urban regions.

ALCHEMPro News Desk (DS)

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