Bd Economy records lowest inflation rate in a decade<<<<<<<<<>>>>>>>>>

The inflation rate in theel eventh  months of the ongoing fiscal ending on June (30)
has slightly dropped in BD, pushing the average inflation to its lowest in a decade.

The point-to-point inflation rate  fell to 5.45 percent in May.
It means a product or service that cost Tk 100 in May last year now costs Tk 105.45.
On a point-to-point basis, the inflation rate was 5.61 percent in April and 5.65 percent in March.

The average inflation rate in the past one year – from May 2015 to May 2016 – was 5.97 percent.
It was 6.40 percent between May 2014 and May 2015.

Planning Minister  AHM  Mustafa  Kamal disclosed the figures and made the observations while releasing the monthly inflation update of the Bangladesh Bureau of Statistics (BBS) at a media call at the National Economic Council (NEC)  on Monday.

He attributed the drop in inflation in May to massive Boro  harvest and stability in the prices of essentials in the international market.

He said uninterrupted import and domestic productivity had also played a role in bringing the general inflation down.