KATHMANDU: Bangladesh saw a slight decline in its inflation rate during the month of October. According to official data, the inflation rate fell to 8.27 percent from 8.34 percent in September, marking a decrease of 0.07 percentage points.
The new data indicates a significant drop in food inflation. Food price inflation decreased to 6.4 percent in October from 7.22 percent in the previous month. However, inflation for non-food items and services has risen, climbing to 9.89 percent in October from 9.3 percent in September.
On June 30, the Bangladeshi parliament passed a national budget of 9.38 trillion taka, approximately 77 billion US dollars, for the 2026/27 fiscal year. This represents the largest budget in the country’s history. Through this budget, the government has set a target to reduce inflation to 7.5 percent. While overall inflation decreased in October, the rise in costs for non-food goods and services suggests that challenges to maintaining price stability persist in the country.
