Inflation in Bangladesh in June rose to 7.56 per cent—the highest in eight years, according to a report by the Bangladesh Bureau of Statistics (BBS). In May, this index rose to 7.42 per cent. The average inflation rate stood at 6.15 per cent at the end of fiscal 2021-22—which ended in June this year—0.85 per cent more than the government target of 5.30 per cent at the beginning of the fiscal.Food inflation was 8.37 per cent in June and 8.3 per cent in May. Non-food inflation rose to 6.33 per cent from 6.08 per cent in June.
Inflation has been gradually rising since October last year, from 5.4 per cent that month to 5.81 per cent in April this year on an average.
Inflation in Bangladesh in June rose to 7.56 per cent—the highest in eight years, according to a report by the Bangladesh Bureau of Statistics. In May, this index rose to 7.42 per cent. The average inflation rate stood at 6.15 per cent at the end of fiscal 2021-22—which ended in June this year—0.85 per cent more than the government target of 5.30 per cent.#
ALCHEMPro News Desk (DS)
marketing@alchempro.com
