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Tuesday, December 17, 2024
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Inflation in Bangladesh climbs to 11.38% in Nov

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The general point-to-point inflation rate in Bangladesh rose in November reaching 11.38 percent, up from 10.87 percent in October 2024.

This rate is the highest in the last four months, reports UNB.

According to the latest data from the Bangladesh Bureau of Statistics (BBS), the increase was driven by a rise in food inflation, which jumped to 13.80 percent from 12.66 percent.

Meanwhile, non-food inflation showed a slight rise of 9.39 percent from 9.34 percent in November.

The general point-to-point inflation rate both in urban and rural areas also increased last month.

The point-to-point inflation in rural areas in November was 11.53 percent which was 11.26 percent in October.

The food inflation in the rural areas was 13.41 percent in November from 12.75 percent in October while the non-food item was 9.72 percent in November from 9.72 percent in October.

On the other hand, the point-to-point inflation rate in urban areas in November was 11.37 percent which was 10.44 percent in October.

The food inflation in November was 14.63 percent which was 12.53 percent in October while the non-food item in November was 9.31 percent which was 9.06 in October.

The wage rate index in November was 8.10 percent which was 8.07 percent in October 2024.

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