Food items remain major contributor to inflation

The price of food items remained the major contributor to overall inflation by 42.71 per cent, reveals the April issue of the report titled "Monthly economic Update and Outlook" prepared by the General Economics Division (GED) of the planning commission.

Dr. Monzur Hossain, Member (Secretary) of the GED placed the first issue of the report on Wednesday at a press briefing at the NEC auditorium following the meeting of the Executive Committee of the National Economic Council (Ecnec).

Planning Advisor Dr Wahiduddin Mahmud, members and secretaries of the planning ministry and planning commission attended the event.

"From now on, the GED will publish an updated situation of the country's economy every month. As a result of this report, it will be easier for the government to adopt various macroeconomic policies," Manjur Hossain said at the event.