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The Financial Express

Inflation eases to 7.19pc in July

| Updated: August 03, 2022 18:52:47


Inflation eases to 7.19pc in July

Bangladesh's overall inflation marginally decreased to 7.48 per cent in July from June's 7.56, according to data released by the Bangladesh Bureau of Statistics (BBS).

The food inflation decreased to 8.19 per cent in July from 8.37 per cent in June, the BSS report said, with lower prices of edible oil and rice offsetting the surging food costs.

Bangladesh Planning Minister, who released the report on Wednesday, attributed the decrease in the overall inflation to the taming of prices of edible oil and rice, reports UNB.

"This trend will continue as Russia has allowed exports of wheat and other food grains from Ukraine," he said.

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