
The slight increase was attributed to a modest rise in food and non-food inflation, the BBS report mentions.
In July, the food inflation stood at 7.56 percent, compared to 7.39 percent in the previous month. Non-food inflation also inched up to 9.38 percent, just above June’s 9.37 percent.
Despite the month-on-month rise, food inflation has shown some fluctuation in recent months—falling to 8.59 percent in May, down from 8.63 percent in April, before rising again in July.
The BBS data also revealed a marginal increase in inflation across both rural and urban areas, continuing the trend of elevated cost-of-living pressures facing households nationwide.
Inflation has remained a persistent concern for policymakers and consumers, as elevated prices continue to impact purchasing power, especially among low- and fixed-income groups, reports UNB.