Business

Inflation inches up to 9.35% in March

Food price inflation
Bangladesh Bank's current strategy to combat inflation by reducing demand may not help after all. FILE PHOTO: RAJIB RAIHAN

Inflation in Bangladesh increased slightly to 9.35 percent in March, driven by an increase in non-food prices, according to data released by the Bangladesh Bureau of Statistics (BBS) today.

In February, the price pressure was at 9.32 percent.

In March, non-food prices spiralled to 9.70 percent compared to 9.38 percent in February, indicating rising costs of goods and services such as clothing, healthcare, education, and transport.

In comparison, food inflation reduced to 8.93 percent in March, down from 9.24 percent a month ago.

Comments

Inflation inches up to 9.35% in March

Food price inflation
Bangladesh Bank's current strategy to combat inflation by reducing demand may not help after all. FILE PHOTO: RAJIB RAIHAN

Inflation in Bangladesh increased slightly to 9.35 percent in March, driven by an increase in non-food prices, according to data released by the Bangladesh Bureau of Statistics (BBS) today.

In February, the price pressure was at 9.32 percent.

In March, non-food prices spiralled to 9.70 percent compared to 9.38 percent in February, indicating rising costs of goods and services such as clothing, healthcare, education, and transport.

In comparison, food inflation reduced to 8.93 percent in March, down from 9.24 percent a month ago.

Comments