Inflation dips slightly in April


FE Online Report | Published: May 08, 2018 19:19:03 | Updated: May 09, 2018 10:25:42


Inflation dips slightly in April

The point-to-point inflation last month of the current fiscal (FY18) dropped by 0.05 percentage points compared to that of the previous month of March, showed official data.

According to Bangladesh Bureau of Statistic (BBS) data, unveiled Tuesday, showed that the point-to-point inflation decreased to 5.63 per cent in April compared to 5.68 per cent recorded in March.

The data also showed that the point-to-point inflation rate in April of last fiscal (FY17) was recorded even lower at 5.47 per cent.

Emerging from the Executive Committee of the National Economic Council (ECNEC) meeting, Planning Minister AHM Mustafa Kamal unveiled the quarterly data of the inflation.

BBS showed that the point-to-point inflations in both food and non-food have also dropped.

The food inflation was recorded at 7.03 per cent in April compared to 7.09 per cent in the previous month.

The noon-food inflation also fell to 3.49 per cent last month from that of 3.51 per cent in March.

The inflation in both urban and rural areas of the country has also dropped in April.

Rural areas’ inflation decreased to 5.59 per cent in April, which was 5.63 per cent in March.

In the urban areas inflation dropped to 5.70 per cent in April from 5.76 per cent of the previous month.

 

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