Inflation of the country has increased in the month of October. As food inflation rose, it was pushed as headline inflation. The overall inflation rate rose to 10.87 percent this month, which was 9.92 percent in September. Along with this, food inflation has increased to 12.66 percent, which was 10.40 percent in the previous month.

Apart from this, the inflation of non-food products decreased slightly to 9.34 percent, which was 9.50 percent in the month of September. Common people are grinding because of rising inflation everywhere in villages and towns. Buyers are struggling to go to the market to buy the daily necessities. Bangladesh Bureau of Statistics (BBS) report has revealed this information. The agency released the report on Thursday.

According to BBS, food inflation has increased due to the increase in prices of rice, pulses, oil, salt, fish, meat, vegetables, spices and tobacco. This has had a negative impact on headline inflation. Meanwhile, ordinary buyers are in dire straits when they go to the market. They are not able to buy the necessary things with the income they earn. Having to buy half or less of daily necessities and return home. The lifestyle of low and middle income people has been disrupted. The standard of living has gone down. Experts believe that the level of consumption of necessary nutritious food is also decreasing.

According to the report, overall price inflation in villages increased by 11.26 percent in October, which was 10.15 percent in September. In this month, the price inflation of food products increased to 12.75 percent, which was 10.38 percent in the previous month. Apart from this, the inflation of non-food products decreased slightly to 9.76 percent, which was 9.91 percent in September.

Meanwhile, overall price inflation in the city rose to 10.44 percent in October, which was 9.83 percent in September. Food inflation rose to 12.53 percent from 10.50 percent in the previous month. Apart from this, the price inflation of non-food products decreased slightly to 9.06 percent, which was 9.38 percent in September.

According to sources, the student movement was going on throughout the month of July demanding reform of the quota system in government jobs. Later it turned into a student uprising. This created a kind of deadlock in the country. The capital, Dhaka, was virtually cut off from the rest of the country. In product supply chain called stagnation. Due to this, the food inflation rate rose to 14.10 percent in July. Earlier, food inflation rose to 12.54 percent in August 2023, the highest in the last 12 years. Before that, the highest inflation in food was seen in October 2011 at 12.82 percent.

According to the BBS report, the wage rate has increased slightly in the month of October. Which is not consistent with the rise in inflation. The wage rate increased to 8.07 percent this month, which was 8.01 percent in September. Wages in agriculture rose 8.32 percent in October, up from 8.28 percent in the previous month. The wage rate in industry increased by 7.69 percent, which was 7.61 percent in the previous month. Apart from this, the wage rate in the service sector increased slightly to 8.37 percent, which was 8.29 percent in September.