The meals worth inflation has dropped to 12 %, however rural areas face excessive worth will increase

food price inflation My news Bangladesh

Meals worth inflation within the nation has out of the blue elevated by rising the worth of meals merchandise. Final August, general meals worth inflation was 12.54 %. Meals inflation in rural and concrete areas is now over 12 %. Amongst them, the worth improve stress is extra within the village than within the metropolis.

The Bangladesh Bureau of Statistics (BBS) revealed the inflation replace on Sunday, which highlighted the rise in inflation. In accordance with the information, general worth inflation stood at 9.92 % in August. The inflation fee of 9.92 % signifies that in August 2022, an individual used to purchase items and companies for 100 taka, in August of this yr, he spent 109 taka 92 paisa to purchase the identical product. That’s, the price has elevated by 9 takas 92 paisa within the house of 1 yr.

Within the two earlier months of June and July, inflation within the nation had barely decreased. Inflation in July was 9.69 %. And in June it was 9.74 %. Nevertheless, the worth inflation within the nation was 9.94 % final Might. This fee is the best in nearly a century.

In accordance with the government’s advertising company Buying and selling Company of Bangladesh (TCB), the costs of onion, ginger, garlic, fish, meat, eggs, and sugar have elevated probably the most within the nation within the final one yr. Meals worth inflation has elevated a lot as a result of impact of every day commodity costs. In accordance with TCB, at the moment, within the capital’s retail market, home onion is Tk 80 to Tk 90, imported onion Tk 65 to Tk 75, home garlic Tk 220 to Tk 250, imported garlic Tk 220 to Tk 240, roe fish Tk 350 to Tk 450, beef Tk 750 to Tk 780. , sugar is being offered at Tk 130 to Tk 135 and farm eggs at Tk 50 to Tk 55. Whereas final yr per kg of home onion 40 to 45 taka, imported onion 35 to 40 taka, home garlic 60 to 80 taka, imported garlic 110 to 130 taka, roe fish 250 to 350 taka, beef 650 to 700 taka, sugar from 88 90 rupees and farm eggs offered at 40 to 45 rupees.

Together with numerous every day commodities, the worth of fish has additionally elevated. Tilapia and pangas have been the best choice of fish for low revenue individuals on account of low costs. However the low-income individuals need to suppose twice to purchase this fish as the worth will increase. Yesterday out there relying on the scale pangas was offered at Tk 220 to Tk 250 and tilapia at Tk 250 to Tk 280 per kg. Which was discovered at 180 to 200 taka and 200 to 220 taka a yr in the past respectively.

In accordance with the up to date information of BBS, overall food inflation was 12.54 % in August. In July this fee was 9.76 %. In different phrases, meals worth inflation elevated by 2.78 % in August. Amongst them, the meals worth inflation within the village was 12.71 % in August. And meals inflation within the metropolis stands at 12.11 %.

Alternatively, the general non-food worth inflation decreased from 9.47 % in July to 7.95 % in August. In August, non-food inflation in rural areas was 7.38 % and in city areas it was 8.48 %. Aside from this, the general worth inflation within the village was 9.98 % in August. Which was 9.75 % in July. And now the general worth inflation within the metropolis is 9.63 %. Which was 9.43 % final July.

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