In Bangladesh, the inflation rate for November dropped to 9.49%, marking a decrease from previous months.
The decline was primarily driven by lower prices in both food and non-food items, as per the Bangladesh Bureau of Statistics (BBS).
The Consumer Price Index (CPI), which tracks the changes in prices paid by consumers for various goods and services, recorded a growth of 9.93% in October.
However, this growth trend has slightly decreased with the recent figures for November.
Specifically, food inflation decreased to 10.76% in November, down from the 12.56% recorded in October.
Non-food inflation also saw a decline, dropping to 8.16% from its previous figure of 8.30% in the same period.
Despite this decrease in inflation, the task of central banks to manage the economic situation remains crucial. Inflation rates, even on a downward trajectory, still demand attention and strategic measures from policymakers to stabilize the economy.
The decline in prices for both food and non-food items comes as a relief amid global efforts to combat soaring inflation rates observed in various parts of the world.