General point-to-point inflation slightly eases to 9.74% in April

The general point-to-point inflation rate in April has slightly eased to 9.74 percent from the previous month although the food inflation witnessed a slight increase.

According to the monthly consumer price index released by the Bangladesh Bureau of Statistics (BBS), the general point-to-point inflation rate in March was 9.81 percent while it was 9.67 percent in February this year.

According to the data of the BBS, the point-to-point food inflation has slightly increased to 10.22 percent in April 2024 which was 9.87 percent in March.

The BBS data showed that the point-to-point non-food inflation rate declined slightly to 9.34 percent in April down from 9.64 percent in March. Besides, the general inflation rate at the urban level in April declined to 9.46 percent while it was 9.92 percent at the rural level.

At the rural level, the food inflation increased to 10.25 percent in April, up from 9.86 percent in the previous month, while the non-food inflation also increased to 9.60 percent in April as against 9.41 percent in March this year.

In urban areas, the food inflation also increased to 10.19 percent in April, up from 9.98 percent in March.

The non-food inflation rate, however, witnessed a slight declining trend with 9.01 percent in April which was 9.71 percent in March last.

The national wage index rate witnessed a 7.85 percent growth in April with 118.21 points against 7.80 percent growth of 118.00 point in March.