In the first month of January this year, general inflation fell again to 6 percent on the back of an upward trend in prices of food and other consumer goods. On a point-to-point basis, overall inflation in January was 5.86 percent, according to the latest figures provided by the Bangladesh Bureau of Statistics (BBS) on Wednesday. Inflation was 6.05 percent in December of last year, and 5.98 percent in November.
- Inflation was 6.05 percent in December of last year
- BBS shows inflation was 5.86 percent by January
- FY2021-22, the government plans to keep average inflation at 5.30 percent.
“General inflation has reduced in the recent month, owing mostly to decreased non-food sub-sector inflation,” stated Md. Tajul Islam, Director General of the Bangladesh Bureau of Statistics. He said the study was based on market data obtained by BBS workers around the country, but he didn’t elaborate on why non-food inflation fell in January.
In the current fiscal year 2021-22, the government plans to keep average inflation at 5.30 percent.