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Inflation rate was 9.67 percent in February: BBS

Economy 2024-03-07, 9:56am

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Inflation.



Dhaka, Mar 6 - The rate of inflation in Bangladesh stood at 9.67 percent in February compared to 9.86 percent in January, but the overall inflation was over 9 percent during the last 12 consecutive months.

According to the Bangladesh Bureau of Statistics (BBS), the food inflation rate stood at 9.44 percent in February, while non-food inflation was 9.33 percent. In January, food inflation was 9.56 percent and the non-food inflation rate was 9.42 percent.

The food inflation had soared to 12.54 percent in August last year, before finally dipping back to 10.76 percent in November.

Meanwhile, the wage growth rate in February marginally rose to 7.78 percent, however, it has been lagging behind inflation for the past 25 months. - UNB