Inflation eases further to 8.71pc in December

Jago News Desk Published: 2 January 2023, 08:39 PM
Inflation eases further to 8.71pc in December

The general point to point inflation rate in December last year eased further as it fell to 8.71 percentage point mainly because of the downtrend in food and non-food inflation, reports BSS.

The general point to point inflation rate in November last was 8.85 percentage, according to the monthly consumer price (CPI) index of the Bangladesh Bureau of Statistics (BBS).

The point to point food inflation came down at 7.91 percent in December from 8.14 percent in November.

On the other hand, the point to point non-food inflation also declined slightly to 9.96 percentage down from 9.98 percentage registered in November.

The BBS data showed that the general point to point inflation in the rural areas has slightly declined to 8.86 percentage down from 8.94 percentage in November.

However, the general point to point inflation rate in the urban areas also declined to 8.43 percentage down from 8.70 percentage registered in November.

The national wage index rate in December reached 7.03 percentage up from 6.98 percentage point posted in November.