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Planning minister: Inflation cools in November

He was citing data published by the Bangladesh Bureau of Statistics

Update : 05 Dec 2022, 04:37 PM

Inflation in Bangladesh is starting to cool off, for the third consecutive month in November at 8.85%, said the planning minister.

Food inflation also dropped from October, down to 8.14% in November from 8.5% in the previous month.

Planning Minister MA Mannan was speaking to the media at his office on Monday, citing data published by the Bangladesh Bureau of Statistics.

Inflation rate in October was 8.91%, while the highest rate in recent times was recorded in August earlier this year at 9.52%, owing to the fuel price hike.

But it had dropped in September to 9.1%.

November was the third consecutive month consumer prices showed a downward trend since September.

However, consumers had to spend more to buy non-food items, evident as non-food inflation rose to 9.98% in November from 9.58% the previous month, the BBS data also showed.

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