Saturday, 18th May, 2024
Saturday, 18th May, 2024

Inflation eases to 5.29% in December

The general point-to-point inflation rate eased last month (December) as it came down by 0.23 percentage point to 5.29 percentage point in December, 2020.

“The General point to point inflation rate in December, 2020 eased to 5.29 percentage point,” said Planning Minister MA Mannan today.

He said this while briefing reporters revealing the monthly consumer price index after the day’s ECNEC meeting held at the NEC conference room in the city’s Sher-e-Bangla Nagar area.

ECNEC Chairperson and Prime Minister Sheikh Hasina chaired the meeting virtually from her official Ganobhaban residence.

The general point to point inflation rate was 5.52 percentage point in November, 2020.

The BBS data showed that the food inflation declined to 5.34 percent in December from 5.73 percent in the previous month, while the non-food inflation rate, however, increased slightly to 5.21 percent last month from 5.19 percent in November.

In the rural areas, the general inflation rate declined to 5.28 percent in the last month from 5.55 percent in November.

The general inflation rate also declined to 5.31 percent in December from 5.47 percent in November in the urban areas.

The point-to-point national wage index witnessed an uptrend with 6.15 percent in December against 6.10 percent in November 2020.

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