The inflation rate in September saw a slight rise at 6.24 percentage point from 6.17 in August, mainly due to increased economic activities during the Eid ul-Azha.
“The general point-to-point inflation rate in September increased to 6.24 percentage point, up from 6.17 in August,” said Planning Minister AHM Mustafa Kamal while releasing monthly Consumer Price Index (CPI) at the NEC auditorium in the city yesterday.
The minister said the increased trend of buying during the Eid led to the rise of inflation.
Although there was a slight rise, the general inflation rate still remains within the fiscal target of 6.5%, he added.
The inflation rate was 6.84% in September 2014.
The overall month-to-month non-food inflation rises to 6.73% in September from 6.35% in August. Food inflation at national level declined to 5.92% last month against 6.06 % in August.
The overall inflation in urban area rises to 6.96% from 6.94% while it was 5.86%, up from 5.76% in rural area during August-September period.
In urban area, food inflation was down 7.47% from 7.56% while non-food inflation saw a rise of 6.37% from 6.26% during the period.
In rural area, food inflation was 5.26% in September, down from 5.42% in previous month while non-food inflation rises to 6.99% against 6.41%.
