Economic Reporter :
The general inflation rate in December 2015 slightly increased to 6.10 percentage point, due to the rising trend of the non-food inflation.
The inflation rate was 6.05 per cent in November 2015.
The food inflation, however, came down to 5.48 per cent in December 2015 which was 5.72 per cent in November, 2015, according to the latest Consumer Price Index data of Bangladesh Bureau of Statistics.
Revealing the data, Planning Minister AHM Mustafa Kamal after the Tuesday’s ECNEC meeting said the non-food inflation rate increased to 7.05 per cent in December 2015, up from 6.56 per cent in November, 2015.
‘More consumption of non-food items during the Christmas, Victory Day, and the year end apart from tourism has pushed the inflation slightly up in December,’ Kamal added.
He said the food inflation rate during the period did not increase as the supply chain was good.
The planning minister also expressed his optimism to contain the overall inflation rate within 6.2 per cent in the current year. Besides, the general inflation rate at the urban level slightly increased to 7.07 per cent in December while it was 5.58 per cent at the rural level.
At the rural level, the food inflation also declined to 4.76 per cent, down from 5 per cent in the previous month, while the non-food inflation increased to 7.10 per cent in December as against 6.76 per cent in November.
In urban areas, the food inflation also declined to 7.14 per cent in December, down from 7.42 per cent in November. The non-food inflation rate has, however, stood at 6.98 per cent in December which was 6.29 per cent in November. The national wage index rate witnessed a 7.91 per cent growth in December with 132.58 point against 7.09 per cent growth with 132.37 point in November.
The average year- to-year rate of inflation from January 2015 to December 2015 stood at 6.20 per cent, which was 6.99 per cent from January 2014 to December 2014.
The general inflation rate in December 2015 slightly increased to 6.10 percentage point, due to the rising trend of the non-food inflation.
The inflation rate was 6.05 per cent in November 2015.
The food inflation, however, came down to 5.48 per cent in December 2015 which was 5.72 per cent in November, 2015, according to the latest Consumer Price Index data of Bangladesh Bureau of Statistics.
Revealing the data, Planning Minister AHM Mustafa Kamal after the Tuesday’s ECNEC meeting said the non-food inflation rate increased to 7.05 per cent in December 2015, up from 6.56 per cent in November, 2015.
‘More consumption of non-food items during the Christmas, Victory Day, and the year end apart from tourism has pushed the inflation slightly up in December,’ Kamal added.
He said the food inflation rate during the period did not increase as the supply chain was good.
The planning minister also expressed his optimism to contain the overall inflation rate within 6.2 per cent in the current year. Besides, the general inflation rate at the urban level slightly increased to 7.07 per cent in December while it was 5.58 per cent at the rural level.
At the rural level, the food inflation also declined to 4.76 per cent, down from 5 per cent in the previous month, while the non-food inflation increased to 7.10 per cent in December as against 6.76 per cent in November.
In urban areas, the food inflation also declined to 7.14 per cent in December, down from 7.42 per cent in November. The non-food inflation rate has, however, stood at 6.98 per cent in December which was 6.29 per cent in November. The national wage index rate witnessed a 7.91 per cent growth in December with 132.58 point against 7.09 per cent growth with 132.37 point in November.
The average year- to-year rate of inflation from January 2015 to December 2015 stood at 6.20 per cent, which was 6.99 per cent from January 2014 to December 2014.
