Dhaka, Sept. 8 -- Bangladesh's headline inflation cooled in August, reaching its lowest point in more than three years after a brief uptick in July.
Fresh figures from the Bangladesh Bureau of Statistics (BBS), released on Sunday, show that point-to-point inflation stood at 8.29 per cent in August, compared to 10.49 per cent in the same month last year. The July rate was 8.55 per cent.
At 8.29 per cent, inflation is now at a 37-month low - the last time it was lower was in July 2022, when it came in at 7.48 per cent.In practical terms, this means that a good or service costing Tk 100 in August 2023 would be priced at Tk 108.29 in August 2024.
A year earlier, in July 2023, overall inflation had spiked to 11.66 per cent amid the politica...
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