Inflation has decreased slightly in August. Overall inflation last month was 8.29 percent. This rate was 8.55 percent in July.
The inflation rate in August was the lowest in 37 months. In July 2022, it was 7.48 percent. Since then, inflation has never fallen below 8 percent.
On Sunday, the Bangladesh Bureau of Statistics (BBS) released the inflation figures for the month of August.
According to BBS calculations, food inflation was 7.60 percent in August. And non-food inflation was 8.60 percent. Inflation in the food sector increased slightly compared to the previous month. Inflation in the non-food sector decreased.
The country has been experiencing high inflation for three years. The average inflation rate in the 2024-25 fiscal year was 10.03 percent.
Inflation is like a tax. Your entire monthly income is spent on running your household. But if the prices of goods suddenly increase and your income does not increase accordingly, you will have to borrow money to run your household or cut back on food, clothing, transportation, and other expenses. If wage increases or income increases are less than inflation, the suffering of the common man increases. Real income decreases.
However, a decrease in the inflation rate does not mean that the prices of goods have decreased. This means that the price increase may have been slightly lower in that particular month compared to other months. For example, if you spent 100 taka on buying goods and services from the market in August 2024. If the inflation rate in August 2025 was 8.29 percent, it means that in August 2025, i.e. one year, you had to spend 108 taka 29 paisa to buy the same goods and services. Your cost has increased by 8 taka 29 paisa for every 100 taka.