Inflation dropped to 5.02% last month: BBS
Star file photo Star Business Report Star Business Report
Inflation dropped to 5.02 percent in January thanks to arrival of winter vegetables that contributed to the decline in prices last month, data by Bangladesh Bureau of Statistics (BBS) showed.
In December, inflation, a measure of changes in prices of a basket of final commodities and services, was 5.29 percent.
A decline in prices of non-food items also contributed to dampening of overall inflation, easing pressure on the wallets of consumers, although a large part of the population especially poor and low-income groups still have to bear the high prices of rice.
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No specific data available on country s land or water portions: Land minister
Bangladeshi farmers harvest rice in a field in Manikganj on the outskirts of Dhaka on August 27, 2018. Photo: AFP UNB, Dhaka UNB, Dhaka
There is no specific data on the size of land and water portions in Bangladesh, Land Minister Saifuzzaman Chowdhury told the Parliament today. No specific information was found regarding the size of water and land parts of the country from Bangladesh Bureau of Statistics or any other government organisations, he said responding to a tabled question from ruling party MP M Abdul Latif.
He said that for the welfare of the people of the country, the land ministry and other related ministries are working round the clock for preserving land or arable land, forests and waterbodies.
Data unavailable on land, water area in country
Minister tells parliament Staff Correspondent Staff Correspondent
Land Minister Saifuzzaman Chowdhury yesterday told parliament that there is no specific data on the size of land and water portions in Bangladesh. No specific information was found regarding the size of water and land parts of the country from Bangladesh Bureau of Statistics or any other government organisations, the minister said in reply to a tabled question from ruling Awami League MP M Abdul Latif.
He said for the welfare of the people of the country, the land ministry and other related ministries are working round the clock for preserving arable land, forests and waterbodies.
Lentil imports on the rise
Low domestic production the cause, experts say
Bangladesh s lentil imports are on the rise due to increased consumption amid inadequate domestic production.
Farmers produce 1.75 lakh tonnes of lentils annually while various businesses and importers say that the country s yearly requirement is around 6-7 lakh tonnes.
Lentil imports hit 5.21 lakh tonnes between July-September of 2020, a 58 per cent increase compared to the same period the year before, data from the Bangladesh Bureau of Statistics shows.
Consumption is increasing and imports have shot up, said Abul Bashar Chowdhury, chairman of BSM Group, one of the leading importers of consumer goods.