Inflation falls on low food prices

This undated file photo shows a grocery at Shantinagar Bazar in Dhaka.

Inflation dropped 0.13 percentage points to 6.91 percent in August on the back of falling food prices.

The inflation rate was 7.04 percent in July.

Inflation rate on the food items came down to 7.67 percent in August, which was 7.94 percent in the previous month.

Non-food inflation saw a rise of 0.05 percentage points to 5.76 percent last month against July’s 5.71 percent.

Planning Minister AHM Mustafa Kamal revealed the data at a press briefing at its office today.