Wednesday, December 6, 2023

Food inflation rises slightly in March

The overall point-to-point food inflation rose to 7.50 per cent in March from 7.45 per cent in February because of price hike of some food items, Bangladesh Bureau of Statistics said on Thursday. The point-to-point inflation and non-food inflation decreased in the month, the data published by the BBS on the day showed.

Inflation rises faster in urban areas

Analysts blame rising consumer prices on bad roads and a lagged effect of monetary expansion Inflation accelerated faster in urban areas than in rural settings in July, partly because battered roads disrupted the supply chain, analysts said yesterday. The analysts also linked the jump in consumer prices to a lagged effect of high monetary expansion. ... Read more