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Food inflation falls to lowest in 54 months in October

Food inflation falls to lowest in 54 months in October

businessnews24.com

The overall food inflation in October 2026 fell to its lowest level in 54 months as overall food inflation declined to 6.40 percent in October, 2026 down from 7.22 percent in September, 2026 and thus bringing some relief to the consumers as prices of several essential food items witnessed a downtrend.

The general point to point inflation stood at 8.27 percent in October. Food inflation was 6.40 percent and non-food inflation 9.89 percent.

The overall non-food inflation, however, hit its highest in 41 months in October, according to the latest Consumer Price Index (CPI) data released by the Bangladesh Bureau of Statistics (BBS).

Overall food inflation was last below the October level in April 2022, 54 months ago, when it was 6.23 percent. Non-food inflation was last higher than the October level in May 2023, 41 months ago, when it was 9.96 percent.

General point to point inflation was 6.29 percent in April 2022 and 9.94 percent in May 2023. Food inflation in May 2023 was 9.24 percent, and non-food inflation in April 2022 was 6.39 percent.

According to BBS, the general point to point inflation in the country edged down to 8.27 percent in October 2026 from 8.34 percent in September, as slower growth in food prices offset a rise in non-food costs, according to the latest Consumer Price Index (CPI) data.

The October rate was 0.07 percentage points lower than the previous month. Compared with the same month last year, however, it was 0.10 percentage points higher, as inflation stood at 8.17 percent in October 2025.

Month-on-month figures show continued upward pressure on prices. The overall CPI rose to 156.13 in October from 153.33 in September. Monthly inflation was 1.82 percent in October, up from 1.12 percent in September, indicating that the upward trend in monthly price growth persists.

Food inflation fell to 6.40 percent in October from 7.22 percent in September, a decline of 0.82 percentage points. Non-food inflation moved the other way, rising to 9.89 percent from 9.30 percent, an increase of 0.59 percentage points.

In rural areas, food inflation declined to 6.37 percent from 7.18 percent, a fall of 0.81 percentage points. Rural non-food inflation rose to 10.21 percent in October from 9.57 percent in September, up 0.64 percentage points.

In urban areas, food inflation dropped to 6.42 percent in October from 7.25 percent in September, down 0.83 percentage points. Urban non-food inflation increased to 9.48 percent in October from 8.94 percent in September, up 0.54 percentage points.

Talking to BSS, Director (in-charge) of the National Accounting Wing of BBS Md. Sahabuddin Sarker said that the inflationary trend showed by BBS data reflects the current trends in the markets.

Prices of boal, aid, baila and koi fish, liquid milk, brinjal, bottle gourd, pumpkin, carrot, cucumber and radish fell during the month. Clothing and apparel and gold and silver, including 22-carat gold, also became cheaper.

Prices of sea fish, yardlong beans, ripe papaya, lentils (masoor dal), mung dal, household essentials, fuel oil and bottled gas increased. Fuel oil recorded the sharpest rise.

The CPI is compiled using 749 varieties across 383 items, of which 242 are food and 507 are non-food. 

Data is collected mainly between the 11th and 19th of each month from 154 markets, including haats, bazaars and establishments, across metropolitan city corporations, district towns and rural areas. 

Prices are gathered separately for each variety from 462 shops and outlets, and the average prices are weighted to produce the national CPI.

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