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April food inflation hits 10.22%

Staff Correspondent
13 May 2024 17:42:52 | Update: 13 May 2024 23:51:40
April food inflation hits 10.22%
— Representational Image

Food inflation jumped to 10.22 per cent in April this year, even though the overall inflation slipped slightly – seven basis points to 9.74 per cent the same month.

In March, the overall inflation stood at 9.81 per cent, and food inflation was 9.87 per cent, show data released by the Bangladesh Bureau of Statistics (BBS) on Monday. The non-food inflation dropped from 9.64 per cent to 9.34 per cent in April.

Besides, the general inflation rate at the urban level in April declined to 9.46 per cent while it was 9.92 per cent at the rural level.

At the rural level, Food inflation rose to 10.25 per cent in April from 9.86 per cent in March, and non-food inflation increased to 9.60 per cent in April from 9.41 per cent in March of this year.

In Urban areas, the rate of food inflation also rose in April, from 9.98 per cent in March to 10.19 per cent. However, the non-food inflation rate showed a minor downward trend, falling to 9.01 per cent in April from 9.71 per cent in March.

The national wage index rate witnessed a 7.85 per cent growth in April with 118.21 point against 7.80 per cent growth with 118.00 point in March.

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