bdnews24.com :
Bangladesh Bureau of Statistics (BBS) has said inflation rate in the country is gradually declining and attributed this to political stability.
The point-to-point inflation dropped to 7.46 percent in April from 7.84 percent in March, BBS Director General Golam Mostafa Kamal told a news conference on Wednesday.
“Transportation was normal due to stable political condition, that’s why imported and locally produced commodities could be supplied on time to meet the demand,” he said.
Past several months have witnessed a steady fall in inflation rate due to stability at ground level, he said.
Food inflation was 8.95 percent in April, a slight drop from 8.96 in March.
Inflation, other than food prices, rose to 5.26 percent from 5.23 percent in March.
The government said inflation would be brought down to below 7 percent in the current 2013-14 fiscal.
“We hope it will be possible to do that by the end of the current fiscal,” the BBS director general said.
Preparation of budget for 2014-15 fiscal has already started.
