Inflation update

Here is the inflation October 2011 update.

1. Although inflation, year-on-year, dropped slightly in October 2011 to 11.4% from 12.0% in September 2011, it still remains at a high level, compared with the previous records of Bangladesh.

2. However, annual average inflation keeps rising and moved up to 10.2% in October from 9.8% in September.

3. In October, food price inflation, year-on-year, rose; whereas non-food inflation declined.