The monthly inflation in March made an upswing following price hikes of both food and non-food items throughout Bangladesh.
Bangladesh Bureau of Statistics recorded headline inflation of 9.81 per cent in March, compared to 9.67 per cent in the previous month.
It recorded food inflation at 9.87 per cent and non-food inflation at 9.64 per cent.
The government hiked prices of gas and power and made them effective from February, affecting the prices of goods and services.
Besides, the price hike of essential items like beef and chicken for Ramadan brought additional price pressure on the majority of people in the country.
The BBS update on inflation, released on Tuesday, showed that inflation in urban areas at 9.94 per cent was higher than 9.68 per cent in rural areas.
The update also showed that the 12-month average inflation between April 2023 and March 2024 was 9.69 per cent and the wage rate was 7.80 per cent in March.
