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Inflation hits highest in 13 years

Food inflation rises by 14.10% in a year

Daily Sun Report, Dhaka

Published: 12 Aug 2024

Inflation hits highest in 13 years
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Annual consumer price growth hit highest in 13 years in July reaching 11.66% from the same month last year, according to Bangladesh Bureau of Statistics (BBS) data released Monday.

Compared with prices of goods in June, July’s prices rose by 2.17%.

Student-led protests against government policies and heavy-handed measures adopted by authorities, including curfews, disrupted supply chains across the country, resulting in price hikes.

In July’s inflation rate, food prices made the biggest contribution rising by 14.10%, while prices of non-food items rose 9.68%.

Notably, the last highest annual inflation was recorded in 2011 at 10.92%.

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