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Published on October 15, 2014
A fall in the commodity prices both in home and abroad pushed the rate down while government’s realistic monetary policy largely contributed for easing the inflation for second consecutive month.
According to the BBS, food inflation in September dropped to 7.63% from 7.67% in August while non-food inflation rose to 5.63% from 5.76% during the period.
BBS data also showed that in urban area inflation rate in September was 7.02%, which was 7.08% in August and in rural areas, it declined to 6.75% from 6.83% during the period.
The food inflation declined in rural areas in September this year to 7.52%, down from 7.56% in the previous month of August.
The non-food inflation in rural areas also declined to 5.31% compared to 5.46% in the previous month. In urban areas, the food inflation rate decreased to 7.88% in September from 7.89% in August this year.
The non-food inflation rate in urban areas also witnessed a down trend in September as it stood at 6.07% as against 6.19% in August this year.
Besides, the national wage index rate witnessed a 10.62% growth in September this year with 8,661.20, up from 8,612.73 in August this year.
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