Bangladesh's inflation rate falls to 9.67% in Feb from Jan's 9.86%
11 Mar 24 1 min read
Insights
- Bangladesh's point-to-point inflation dropped to 9.67 per cent in February over January's 9.86 per cent, official provisional data show.
- The non-food inflation rate was 9.33 per cent in the month compared to January's 9.42 per cent. Inflation rates have decreased in both rural and urban areas.
- The wage growth rate in February rose marginally to 7.78 per cent.
The rate of non-food inflation was 9.33 per cent in the month compared to 9.42 per cent in January.
The wage growth rate in February rose marginally to 7.78 per cent, domestic media outlets reported.
The decline in food and non-food prices in the domestic market helped lessen the overall inflation rate to some extent. The overall inflation has been above 9 per cent since March 2023.
- India's WPI inflation rises to 1.26% in April 2024
- Energy efficiency key to $460mn cut in Bangladesh’s LNG bill: IEEFA
- Bangladesh PM for contractionary budget, inflation check
- Inflation in Bangladesh drops slightly to 9.74% in Apr; non-food 9.34%
- Egypt's chemical industry 3rd-largest export contributor in Q1 2024
- Bangladesh-Bhutan trade doubles with PTA: Reports
Inflation rates have decreased in both rural and urban areas. Urban inflation declined to 9.88 per cent in February from 9.99 per cent in January, while rural inflation dropped to 9.48 per cent from 9.7 per cent in the previous month.
Fibre2Fashion News Desk (DS)
Popular News
|
|
Rising imports from China: A growing concern for Indian industries |
|
|
CITI YEG’s event explores key textile & apparel industry trends |
|
|
Bangladesh Bank’s exchange rate policy change sparks taka freefall |
|
|
ADB & Citi partner to boost SME Trade finance across Asia-Pacific |
|
|
MS & JK to showcase pigment printing tech at ITM Istanbul |
|
|
Cotton yarn prices decline in south India, uncertainty prevails |
