Inflation rate reaches 7.56 pc in June

Inflation in June, the last month of the last fiscal year 2021-22, soared to 7.56 percent which was 7.42 percent in the previous month.

Bangladesh Bureau of Statistics (BBS) revealed the updated information on Tuesday (July 19).

According to the report, food inflation was 8.37% in June. Besides, non-food inflation rose to 6.33% from 6.08% last month. The pressure of inflation is much higher in rural area than the urban side.

The average inflation rate stood at 6.15% at the end of FY 2021-22, 0.85% more than the target, said the BBS report.