DHAKA: Bangladesh's annual inflation rate soared to a near three-year high in April fired up by food prices, government data showed on Tuesday.
Inflation accelerated to 10.67 percent in April, from 10.49 percent a month earlier, the highest since July 2008 when it had risen to 10.82 percent, the Bureau of Statistics said.
Food inflation in April hit 14.36 percent, compared with a 13.87 percent in March, as rice, wheat, sugar and edible oil spiked at the domestic markets driven by surges in global prices.
In contrast, non-food inflation eased to 3.97 percent in April from 4.32 percent in March.
Copyright Reuters, 2011