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Bangladesh’s August Inflation Hikes to 9.92%

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inflation

In August 2023, the general point-to-point inflation rate in Bangladesh rose to 9.92 percent, marking an increase from the 9.69 percent recorded in July 2023. This uptick was primarily attributed to a rise in food inflation. Data from the Bangladesh Bureau of Statistics (BBS) indicates that in June 2023, the general point-to-point inflation rate stood at 9.74 percent.

While food inflation saw an increase last month, non-food inflation experienced a decline during this period. Specifically, food inflation climbed to 12.54 percent in August, up from 9.76 percent in July. Conversely, the non-food inflation rate dropped to 7.95 percent in August, down from 9.47 percent in July.

Both urban and rural areas also witnessed an increase in the general point-to-point inflation rate. In August, rural areas recorded a rate of 9.98 percent, compared to 9.75 percent in July. Similarly, urban areas saw an inflation rate of 9.63 percent in August, up from 9.43 percent in July.

The annual average inflation rate from September 2022 to August 2023 stood at 9.24 percent. Additionally, the wage rate index in August showed a slight uptrend, reaching 7.58 percent, as compared to 7.52 percent in July.

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Economy

Rain, Gusty Winds Expected Across Bangladesh: Met

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rain

The Bangladesh Meteorological Department (BMD) has forecasted light to moderate rain or thundershowers accompanied by temporary gusty winds at most places across the Rangpur, Rajshahi, Mymensingh, Dhaka, Khulna, Barishal, Chattogram, and Sylhet divisions. Some areas may experience moderately heavy to very heavy rainfall, according to their latest weather bulletin released on Thursday.

Day and night temperatures are expected to remain nearly unchanged across the country.

The highest rainfall in the country over the past 24 hours was recorded in Kumarkhali, with 104mm of rain by 6 a.m. on Thursday.

The axis of the monsoon trough extends from India’s Madhya Pradesh, Odisha, and West Bengal to Assam, passing through Bangladesh, with one of its associated troughs stretching into the North Bay of Bengal.

The monsoon remains active over Bangladesh and moderate to strong over the North Bay region.

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Mild Heat Wave Likely to Ease in Next 24 Hours: Met Office

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Heat Wave

The Bangladesh Meteorological Department (BMD) has forecasted that the mild heat wave currently affecting parts of the country, including the capital, is expected to subside in most areas within the next 24 hours, starting from 9 am today.

“A mild heat wave is sweeping across the divisions of Rangpur, Rajshahi, Dhaka, Mymensingh, and Sylhet, as well as the districts of Jashore, Chuadanga, and Kushtia. It is likely to ease in most regions,” the department reported.

In addition, BMD predicted light to moderate rainfall or thundershowers, accompanied by temporary gusty winds, across most of Rangpur, Rajshahi, Dhaka, Mymensingh, Khulna, Barishal, Chattogram, and Sylhet divisions. Some areas are expected to experience moderate to very heavy rainfall.

Temperatures across the country may drop by 1-2 degrees Celsius during both day and night.

On Monday, Dinajpur in the Rangpur division recorded the country’s highest temperature at 38.6°C, while Bandarban in the Chattogram division saw the lowest temperature at 24.6°C early today.

Meanwhile, rainfall recorded in the past 24 hours, ending at 6 am today, reached 66 mm in Nikli of Dhaka Division.

The sunset in Dhaka is at 5:53 pm today, and sunrise is expected at 5:49 am tomorrow.

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Ex-Ministers Accused in Murders Linked to Anti-Discrimination Protests

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minsiter protest

Two separate murder cases were filed today in connection with the deaths of a private service holder and a Madrasa student during the anti-discrimination student movement.

The first case was lodged by Ridwan Ahmed with Panchlaish police station, accusing former ministers Dr. Hasan Mahmud, Barrister Mohibul Hasan Chowdhury Naufel, and 127 others for the death of his nephew Sujan, 14. Sujan, the son of Belal Hossain from Beramara village in Noakhali’s Sadar Thana, was a student at Al Jamirul Hayat Madrasa in the city’s Chandgaon area. He was fatally shot in the Muradpur area on July 18.

The second case was filed by Jamal Uddin at Doublemooring police station, accusing 225 individuals, including Dr. Hasan Mahmud and Education Minister Barrister Mohibul Hasan Chowdhury Naufel, for the killing of his elder brother Alam, a private service holder, on August 5.

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