Bangladesh's general point-to-point inflation rate surged to 11.38 percent in November, marking the highest rate in the past four months. This increase, up from 10.87 percent in October, is primarily attributed to a rise in food inflation, which climbed to 13.80 percent, compared to 12.66 percent the previous month.
Non-food inflation also saw a slight uptick, rising to 9.39 percent in November from 9.34 percent in October, according to the latest data from the Bangladesh Bureau of Statistics (BBS).
Inflation rates both in urban and rural areas also experienced increases. In rural areas, the point-to-point inflation rate reached 11.53 percent in November, up from 11.26 percent in October. Food inflation in rural areas rose to 13.41 percent in November, compared to 12.75 percent in the previous month, while non-food inflation remained steady at 9.72 percent.
Meanwhile, urban areas saw a point-to-point inflation rate of 11.37 percent in November, up from 10.44 percent in October. Food inflation in urban areas spiked to 14.63 percent, significantly higher than October's 12.53 percent, while non-food inflation increased slightly to 9.31 percent from 9.06 percent.
The wage rate index for November showed a marginal increase, rising to 8.10 percent from 8.07 percent in October.
The rising inflation, particularly in food prices, continues to impact both urban and rural populations, reflecting ongoing challenges for consumers across Bangladesh.
(Source: UNB)
BD-Pratidin English/Mazdud
