Inflation eases to 5.75pc in December

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Economic Reporter :
The general point-to-point inflation rate eased last month as it came down by 0.30 percentage point to 5.75 percentage point in December, 2019.
“The general point to point inflation rate in December, 2019 eased to 5.75 percentage point,” said Planning Minister MA Mannan on Tuesday.
He said this while briefing reporters revealing the monthly consumer price index after the day’s ECNEC meeting held at the NEC conference room in the city’s Sher-e-Bangla Nagar area.
The general point to point inflation rate was 6.05 percentage point in November, 2019.
The planning minister said the general point to point inflation rate declined by 0.30 percent last month from the previous month mainly because of the availability of winter vegetables, fishes and with the good supply of rice.
“It’s a good news for us and we’re again around the range of 5 percent (inflation rate) again,” Mannan added.
The BBS data showed that the food inflation declined to 5.88 percent in December from 6.41 percent in the previous month, while the non-food inflation rate, however, increased slightly to 5.55 percent last month from 5.47 percent in November.

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