Inflation fell significantly in September: MA Mannan

Planning Minister MA Mannan

Planning Minister MA Mannan claimed overall inflation had come down significantly in September, although the Bangladesh Bureau of Statistics (BBS) has not yet released any inflation data for the month of August despite two months having passed.

Speaking at a training programme organised by the Bangladesh Institute of Development Studies (BIDS) on Monday, he said the inflation rate had increased considerably in the month of August, but that was reined in by September.

Mannan said despite the rise in oil prices, the price inflation has decreased in September due to the sales of several products, including rice and oil, at low prices to low-income people through one crore ration cards.

Inflation on a point-to-point basis stood at 7.48 per cent according to the BBS statistics released in July.

MA Mannan said the BBS conducts censuses and surveys with due diligence and transparency, but many people distrust them due to ignorance. He also said this census was done by spending people’s money, advising those concerned to work with independence.

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