inflation data
August inflation data finally released, with September
Bangladesh Bureau of Statistics (BBS) has finally released the official inflation data for the month of August, confirming it rose to the highest in a generation, together with the number for September.
According to the BBS report released on Tuesday, inflation in August reached 9.52 percent, the highest in 135 months (11 years, 3 months). But it eased slightly in September, coming down to 9.1 percent.
The number for July, at 7.48 percent, had already been the highest in 9 years.
The nature of the delay adds further fuel to speculation that had been rife about the government being hesitant to share data when it may go against their own narrative - making today's released data look even worse than it is.
As inflation eased slightly in September, the government felt more comfortable to officially release the data for two months together.
Planning Minister MA Mannan disclosed the inflation update at the end of an ECNEC meeting on Tuesday.
2 years ago