A little letup in inflation as July rate down marginally
Bangladesh, Aug. 12 -- Intractable inflation in Bangladesh shows signs of easing a little as the July rate cooled down to 8.32 per cent by official count, on somewhat consumer product-supply improvements.
Economists and people familiar with the inflation data, however, say changes in prices of individual products do not necessarily translate proportionately into the overall consumer price index because products carry different weights in the CPI basket.
For example, rice varieties consumed by a large section of the population carry a substantially higher weight than aromatic rice. A sharp increase in the price of a lower-weight product, therefore, has a relatively limited effect on headline inflation.
Food inflation eased to 8.29 per ...
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