Food prices rose in August, keeping up with the hike since July, while the overall inflation rate was relatively lower in the month compared to the same period last year, according to a Bangladesh Bureau of Statistics (BBS) report.The report published on Thursday showed that August’s overall inflation on point-to-point basis (compared with August last year) was 7.39 percent against 7.85 percent in July.
The inflation was 2.08 percent in the food sector in August on monthly basis (compared to July this year).
“Food inflation in August on point-to-point basis (compared with August last year) was 8.09 percent against 8.14 percent in July,” BBS Director General Mostofa Kamal said while revealing the latest statistics on inflation at a press briefing.
For non-food sectors, the inflation decreased to 6.35 percent in August from July’s 7.4 percent.
The BBS Director General said they took into account prices of 318 items in rural areas and 422 in the towns while compiling the report on inflation.
