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Food inflation fell below 10 percent in December

by Afonso
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Inflation rate has decreased slightly. Headline inflation dropped to 9.41 percent last December, the lowest in the last 8 months. In this, after a long time, food inflation has come down to below 10 percent.

Bangladesh Bureau of Statistics-BBS reported this information on Sunday.

Inflation is like a tax that burdens everyone, rich and poor alike. A slight drop in food inflation means that the burden of running a household for the poor and middle class has eased slightly.

According to BBS data, overall price inflation in the country was 9.93 percent and 9.49 percent respectively in October and November. As such, the overall inflation has decreased slightly in December. But it is still around 9 and a half percent. Overall inflation in rural areas was 9.48 percent in December, while it was 9.15 percent in urban areas.

According to BBS, food price inflation fell below 10 percent in the last December regardless of city-village. Last month, food price inflation in villages was 9.66 percent. In contrast, food price inflation in the city has been 9.46 percent. That is, food inflation is higher in villages than in cities.

Meanwhile, overall price inflation in rural areas was 9.48 percent in December, while it was 9.15 percent in urban areas. However, the prices of several daily commodities including winter vegetables, rice, flour, sugar, pulses, onions, soybean oil, potatoes are still high in the market. On the other hand, the overall non-food inflation in the country increased slightly last month.



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