Dhaka, June 2 -- In the month of May, spending on food purchases has increased slightly in urban areas while it has decreased in rural areas.

The government has also reported a "drop" in expenditure in non-food sectors in both urban and rural areas. As a result, the country's overall inflation has declined, reaching the lowest level in 27 months.

The last time the rate was lower than this was in February 2023, at 8.87 percent.

According to updated figures released on Monday by the Bangladesh Bureau of Statistics (BBS), the inflation rate in May fell to 9.05 percent compared with the same period last year.

The rate was 9.89 percent in May last year. In April this year, it stood at 9.17 percent.

A 9.05 percent inflation rate means good...