Dhaka, Oct 09 (V7N): Dr. Salehuddin Ahmed, Adviser to the interim government overseeing the Ministries of Finance and Commerce, stated yesterday that general point-to-point inflation is nearing a stable position. He mentioned that inflation has officially decreased by about one percent, noting that the government has managed to keep inflation relatively steady.

Speaking to reporters after the 7th meeting of the Adviser’s Council Committee on Government Purchase held at the Bangladesh Secretariat, Dr. Salehuddin highlighted that while inflation has stabilized, further reduction will take time to ease the pressure on people's livelihoods. "We have taken several measures to control inflation, such as reducing duties on onions, potatoes, and, as of today, sugar. These steps should soon reflect in the market," he added.

When asked how long it will take for people to feel relief from high inflation, the Adviser urged patience, explaining that inflation is influenced by various factors including market conditions, production, and monitoring efforts. He pointed out that many layers exist within the supply chain, with some new actors replacing old ones, although the overall situation remains largely unchanged.

Addressing another question, Dr. Salehuddin noted that extortion has decreased, though law and order issues still play a role. Regarding the high price of eggs, he mentioned that egg prices have begun to fall.

According to the Bangladesh Bureau of Statistics (BBS), the general point-to-point inflation rate dropped to 9.92 percent in September, down from 10.49 percent in August 2024, driven by reductions in both food and non-food inflation.
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