Average inflation fell to 6.41pc points last fiscal
The general average inflation rate reached 6.41 percentage points in the fiscal year (FY) 2014-15, down from 7.35 percentage points in the previous fiscal due to a downtrend in global fuel prices and a stable exchange rate.
The information was given by Planning Minister AHM Mustafa Kamal while releasing the Monthly Consumer Price Index (CPI) after a meeting of the ECNEC at the NEC-II at Sher-e-Banglanagar in the city yesterday.
The Planning Minister said that the government had set a target to bring down inflation at 6.50 percentage points in the last fiscal and that the target had been fulfilled. This was on account of the downtrend witnessed in global fuel prices and other major items along with a stable exchange rate, he said.
However, the general point to point inflation rate increased to 6.25 percentage points up in June this year, up from 6.19 percentage points registered in May. The rate in April was 6.32 percentage points.
During the last fiscal, the general inflation rate began with 7.04 percentage points in July 2014. It came down to 6.91 percentage points in August, 6.84 percentage points in September, 6.60 percentage points in October, 6.21 percentage points in November, 6.11 percentage points in December and 6.04 percentage points this January.
The general inflation index began rising in February with 6.14 percentage points and 6.27 percentage points in March. Both food and non-food inflation also witnessed a rising trend.
The point-to-point food inflation on a national level stood at 6.32 percentage points this June, up from 6.23 percentage points in May. Meanwhile, non-food inflation increased slightly to 6.15 percentage points in June against a rate of 6.14 percentage points recorded in May.
Besides, the general inflation rate on the urban level increased slightly to 6.91 percentage points this June against a rate of 5.90 percentage points on the rural level.
In rural areas, the food inflation increased to 5.76 percentage points this June, up from 5.66 percentage points witnessed in the previous month. Non-food inflation increased to 6.16 percentage points in June against 6.14 percentage points in May.
In urban areas, food inflation increased to 7.64 percentage points in June, up from 7.54 percentage points in May. The non-food inflation rate has however witnessed a static trend and stood at 6.14 percentage points in June, the same as last May.
