Staff Correspondent, bdnews24.com
Published: 2017-07-11 21:08:51 BdST
Early floods and anticipation of the national budget caused inflation to accelerate in the final months of 2016-17, said Planning Minister AHM Mustafa Kamal at a media briefing on Tuesday.
"The rise in rice prices mainly contributed to the food inflation hike. Prices of some products were increased in the lead-up to the budget announcement. This also contributed to the rate."
Annual inflation eased to 5.44 percent in the year to June from 5.92 percent a year ago, according to data released by the Bangladesh Bureau of Statistics.