Country's inflation rate comes down

News Desk || shiningbd

Published: 8/3/2022 2:52:46 PM

The country's inflation rate has come down to 7.48% in July from 7.56% in June, according to Planning Minister MA Mannan.

He was speaking at a press briefing at the planning ministry on Wednesday.

“Although the inflation rate has come down, it is still higher than in July 2021. Inflation was 5.36% in July last year,” he said.

Food inflation decreased to 8.19% in July from 8.37% in June, according to a BSS report, with lower prices of edible oil and rice offsetting the surge in food costs.

"This trend will continue as Russia has allowed exports of wheat and other food grains from Ukraine," the minister said.

Dhaka Tribune

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