Bangladeshi inflation rate in May soared to a decade-high
epa11402057 Bangladeshi boatmen wait for the passenger on the Buriganga river in Dhaka, Bangladesh, 10 June 2024. According to the Bangladesh Bureau of Statistics (BBS) report on May, the monthly inflation rate in May soared to a decade-high of 9.89 percent, up from 9.74 percent in the previous month, as both rural and urban people are paying higher prices for food and non-food items. In 2022-23, the average inflation rate was 9.02 percent, far higher than the average of 6 percent in recent years. EPA/MONIRUL ALAM
