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11:53 AM, March 06, 2014 / LAST MODIFIED: 01:53 AM, March 08, 2015

Inflation drops slightly in February

Inflation drops slightly in February

Star Online Report
Vegetables are on display for sale at a chain superstore in Dhaka
Vegetables go on sale at a chain superstore in Dhaka. Star file photo.

The overall inflation rate has dropped by 0.06 percentage point to 7.44 percent in February, thanks to the price fall of non-food items.

The inflation rate was 7.50 percent in January last year.

Inflation rate on food items increased by 0.03 percentage point to 8.84 percent in February. In the previous month it was 8.81 percent.

On non-food items, inflation rate dropped by 0.16 percentage point to 6.37 percent last month from 5.53 percent in the previous month, according to data from the Bangladesh Bureau of Statistics (BBS).

The overall inflation has decreased due to stable political situation in the country, BBS Director General Golam Mostafa Kamal told reporters at his office today while releasing the data.

“If it continues, the government will be able to fulfill its inflation target at 7 percent,” he said.

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