Biz-Econ

Inflation drops to 1.17% in 1st month of interim govt

Inflation has significantly eased following the assumption of power by the interim government led by Dr Muhammad Yunus. 

In August, the general price inflation fell to 10.49%, down from 11.66% the previous month.

The highest inflation rate in 13 years was recorded in July, but with the new government in place, inflation has decreased markedly. 

This shift comes amid ongoing scrutiny and questions from economists about inflation calculations.

According to the Bangladesh Bureau of Statistics (BBS), headline inflation was 11.66% in July, up from 9.72% in June. 

Food inflation surged to 14% in July, marking a 13-year high, but dropped to 11.36% in August. Meanwhile, inflation in the non-food sector increased slightly to 9.64% in August from the previous month.