• Tuesday, Dec 10, 2019
  • Last Update : 12:59 am

Inflation in January 5.42%

  • Published at 10:26 pm February 27th, 2019
Inflation
Representational photo of inflation Bigstock

The food inflation reached 5.33% and the non-food inflation 5.57% in January

The rate of general inflation in January stood at 5.42%, according to the latest data of the Bangladesh Bureau of Statistics (BBS).

“The general point to point inflation rate was 5.42% in January,” Planning Minister MA Mannan said while releasing the monthly consumer price index after the Ecnec meeting at the NEC Conference Room in the city’s Sher-e-Bangla Nagar area on Wednesday.

The food inflation reached 5.33% and the non-food inflation 5.57% in January.

Besides, the general inflation rate at the urban level in January declined slightly to 5.93% which was 6.14% in December. The general point to point inflation rate at the rural level registered 5.14% in January.

At the rural level, the food inflation marked 5.28% in January while non-food inflation came down at 4.89% in January which was 5.05% in December.

In urban areas, the food inflation declined to 5.43% in January down from 6.27% in December while the non-food inflation stood 6.50%.

The national wage index rate witnessed a 6.21% growth in January with 161.07 points against 6.18% growth in December with 159.89 points.

The average year- to-year rate of inflation from February 2018 to January 2019 declined to 5.51%, which was 5.76% during the period from February 2017 to January 2018.