The point-to-point inflation declined by 0.46 percentage points from July to reach 7.39 per cent in August as per estimates using 2005-2006 as the base year.
In July this year, the point-to-point inflation was 7.85 per cent.
Both food and non-food inflation dropped in August period. Food inflation decreased to 8.09 per cent from 8.14 per cent and non-food inflation to 6.35 per cent from 7.40 per cent, the Bangladesh Bureau of Statistics said on Thursday.
The BBS published the inflation data on the day following estimates using the new base year 2005-2006 for calculating gross domestic product and consumer price index of the country.
‘Though the point-to-point inflation decreased, monthly inflation in the food sub-sector increased by 2.08 per cent in August than that in July this year,’ BBS director general Golam Mostafa Kamal told reporters at a briefing at the bureau in the city.
‘The food inflation increased as the prices of rice, atta, fish, egg, vegetables, spices, milk and other food items increased in the month,’ he said.
The non-food inflation also went up by 0.44 per cent in August from July as the prices of clothing, house rent, home-appliances, medications, transportation, education and service-related goods increased.
Golam Mostafa said a total of 318 items from the rural area and 422 items from the urban area were taken into account to calculate the inflation.
‘We took 133 food and 185 non-food items from the rural area and 151 food and 271 non-food items from the urban area to calculate the inflation,’ he said.
-With New Age input