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Inflation declines to 9.72% in June

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Food inflation declined to 10.42% in June from 10.76% in May

Staff Correspondent

Publisted at 2:10 PM, Sun Jul 7th, 2024

The inflation in the country has gone down from 9.89% in May to 9.72%  in June, said the Bangladesh Bureau of Statistics (BBS).

Food inflation declined to 10.42% in June from 10.76% in May, according to the latest inflation updates of the BBS report released on Sunday (7 July).

Non-food inflation also eased slightly to 9.15%  in June, from 9.19%  in May. 

Bangladesh has been experiencing high inflation rates over the threshold of 9% for the past 2 years.

Efforts to keep it in check remained unsuccessful, except for slight fluctuations. 

Economists believe that high inflation is now one of the major challenges for the economy. 

A 9.72% inflation means consumers had to spend Tk109.72 to purchase a product in June this year - which used to cost them Tk100 in June last year.
 

 

 

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