News update
  • World War III to start with simultaneous Xi, Putin invasions?      |     
  • Election delay anti-democratic, against July-August spirit      |     
  • Bodies of 3 students recovered from two rivers in Rangpur     |     
  • BRICS Summit Opens Amid Tensions, Trump Tariff Fears     |     
  • Musk Launches 'America Party' in Fresh Split with Trump     |     
  1. Home
  2. Economy
  3. Inflation rate was 9.67 percent in February: BBS

Inflation rate was 9.67 percent in February: BBS

Economy 2024-03-07, 9:56am

8ixv66iekffwosrouny91loo3i8d54zq8m3qupse-01-d36faa640e78a6c5f70d44601f6351491709783784.jpeg

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