Bangladesh inflation rises to 6.27 percent in March


Bangladesh marked upward trend in the rate of inflation for the second time in the current fiscal year 2014-15 as it stood at 6.27 per cent in March as against 6.14 per cent in February, according to the latest data of Bangladesh Bureau of Statistics (BBS).
“Recent communication disruption has increased the cost of transportation that pushed the inflation slightly up in this month” Planning Minister A H M Mustafa Kamal told reporters today while releasing the monthly Consumer Price Index (CPI) at a press conference at the NEC conference room in the city’s Sher-e-Banglanagar.
The rate of inflation in March 2014 was 7.48 per cent.
Apart from the general inflation, rate of food inflation has also increased. The non-food inflation, however, witnessed downward trend.
The food inflation in national level stood at 6.37 per cent, which was 6.11 per cent in February while the non-food inflation came down at 6.12 per cent from 6.20 per cent in February.
On the other hand, the rate of inflation in the urban level stood at 6.77 per cent and rural level at 6.01 per cent.
In the rural level, the food inflation stood at 5.95 per cent, up from 5.72 per cent in the previous month, while the non-food inflation decreased to 6.13 per cent as against 6.22 per cent in February.
Besides, in the urban areas the food inflation stood at 7.36 per cent, up from 7.02 per cent. But, the non-food inflation witnessed downward trend and it stood at 6.11 per cent as against 6.18 per cent in February.
The national wage index rate witnessed a 9.27 per cent growth in March with 9085.62 point which was 8986.37 point in February.
The average year to year rate of inflation from April 2014 to March 2015 stood at 6.66 per cent, which was 7.55 per cent from April 2013 to March 2014. (source: bss)