Inflation of clothing, footwear jumps by 4.80pc in FY18

FE Online Report | Published: July 28, 2018 12:24:24 | Updated: July 30, 2018 11:57:06


Price inflation of clothing and footwear across the country jumped by 4.80 per cent in the past fiscal year.

Latest statistics, released by Bangladesh Bureau of Statistics (BBS), showed that Consumer Price Index (CPI) for clothing and footwear stood at 255.24 points in FY18, which was 243.56 points in FY17.

As a result, inflation rate of clothing and footwear stood at 4.80 per cent in the past fiscal year, which was 4.36 per cent in FY17.

Clothing and footwear is a sub-group of the non-food CPI and it accounts for 16.65 per cent of non-food CPI and 6.85 per cent of total CPI.

Inflation rate of clothing and footwear stood at 4.12 per cent in the rural area in the past fiscal year, which was 4.64 per cent in FY17.

The rate in the urban area declined to 4.07 per cent in FY18 from 5.60 per cent in the previous year.

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