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Non-food inflation creeps up in Sept

Food prices record decline


FE Report | October 10, 2018 00:00:00


Non-food prices rose for the country's consumers as point-to-point rate of inflation for such items went up to 5.45 percent in September.

Data released from the state-controlled Bangladesh Bureau of Statistics (BBS) on Tuesday showed that the increase was 0.72 percentage points higher logged in August.

The inflation of noon-food items in September last year was only 2.98 per cent.

The BBS officials said although the inflation rate last month dropped to 5.43 per cent compared to 5.48 per cent in the previous month of August, the non-food inflation is rising.

According to the BBS data, the inflation rate for noon-food items increased to 5.45 per cent in September from 4.73 per cent in August.

In July 2018, the non-food inflation was recorded lower at 4.49 per cent.

Meanwhile, the point-to-point inflation for the food item dropped to 5.42 per cent last month from 5.97 per cent in the month of August.

After the meeting of the Executive Committee of the National Economic Council (ECNEC) in Dhaka, planning minister AHM Mustafa Kamal unveiled the data of the consumer price index (CPI) of the country.

When asked, he said the prices of food items in the global market were lower, which helped the country to keep the inflation at lower trajectory.

Besides, the house rents, transport fare and prices of other products also stabilised over the months, Mr Kamal added.

According to the BBS data, the point-to-point inflation both in urban and rural areas dropped slightly.

In rural Bangladesh, the inflation rate in September was 4.99 per cent, compared to 5.05 per cent in August.

Rural areas were also hit by rising inflation of noon-food items.

In September this year, the rate increased to 5.22 per cent compared to 4.51 per cent in August.

The inflation of food-items, however, dropped in September, in rural areas recording 4.86 per cent, compared to 5.34 per cent a month ago.

In the urban areas, the point-to-point inflation was also recorded lower at 6.23 per cent in September from 6.28 per cent in August.

The noon-food inflation was maintained higher trend in the urban Bangladesh as it was recorded at 5.74 per cent in September, compared with 5.04 per cent a month earlier.

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COMPANY YCP HIGH LOW CLOSE %CHG
UNITEDINS 21.6 23.7 23.1 23.7 9.7222%
ADVENT 34.2 36.7 34.5 35.9 4.9708%
PRIMETEX 34.4 36.5 34.9 35.9 4.3605%
PENINSULA 26.2 27.7 26.1 27.1 3.4351%
BEXIMCO 24.1 25.2 24.1 24.9 3.3195%
YPL 12.2 12.7 12.2 12.6 3.2787%
UNITEDFIN 16.6 17.3 16.9 17.1 3.012%
LEGACYFOOT 203.7 221.2 206.1 208.6 2.4055%
ANLIMAYARN 33.6 34.8 32.8 34.4 2.381%
BSC 35.8 36.8 35.0 36.5 1.9553%
COMPANY YCP HIGH LOW CLOSE %CHG
ANLIMAYARN 34.8 34.8 32.8 32.8 6.0976%
ADVENT 36.2 36.7 34.5 34.5 4.9275%
BEXIMCO 25.1 25.2 24.1 24.1 4.1494%
YPL 12.7 12.7 12.2 12.2 4.0984%
EASTLAND 19.3 19.3 18.3 18.6 3.7634%
POPULARLIF 110.1 110.1 106.2 106.7 3.1865%
PRIMETEX 36.0 36.5 34.9 34.9 3.1519%
SEMLLECMF 6.8 6.8 6.6 6.6 3.0303%
PHOENIXFIN 34.2 34.2 33.1 33.2 3.012%
MONNOCERA 349.9 358.5 340.1 340.1 2.8815%
COMPANY YCP HIGH LOW CLOSE %CHG
RAHIMTEXT 469.0 495.0 399.0 404.0 -13.8593%
IBP 44.3 47.5 38.2 38.8 -12.4153%
DOREENPWR 98.3 95.0 85.8 86.2 -12.3093%
IFADAUTOS 124.3 118.0 109.0 110.2 -11.3435%
IMAMBUTTON 24.0 25.9 21.6 21.7 -9.5833%
SAVAREFR 111.9 110.9 100.8 101.3 -9.4727%
ISNLTD 28.6 29.0 25.8 25.9 -9.4406%
SHYAMPSUG 28.5 28.5 25.7 25.9 -9.1228%
BDAUTOCA 349.1 338.9 300.0 317.6 -9.0232%
SPCERAMICS 14.9 15.5 13.6 13.7 -8.0537%
COMPANY YCP HIGH LOW CLOSE %CHG
IMAMBUTTON 21.6 25.9 21.6 25.9 -16.6023%
RAHIMTEXT 415.0 495.0 399.0 490.0 -15.3061%
IBP 39.1 47.5 38.2 45.1 -13.3038%
ISNLTD 25.8 29.0 25.8 28.9 -10.7266%
DOREENPWR 86.1 95.0 85.8 95.0 -9.3684%
KPPL 22.4 25.2 22.4 24.5 -8.5714%
KPCL 118.0 129.0 117.6 129.0 -8.5271%
SPCERAMICS 13.7 15.5 13.6 14.9 -8.0537%
MEGHNACEM 106.2 116.0 106.0 115.4 -7.9723%
JUTESPINN 89.5 97.2 89.5 97.2 -7.9218%