The IMF projects that consumer prices in the country will rise by 7.9 percent by the end of the fiscal year
The latest figures by the Bangladesh Bureau of Statistics (BBS) indicate inflation was down to 5.37 percent in August from 5.4 percent the previous month.
Planning Minister AHM Mustafa Kamal revealed the statistics on Tuesday.
He told a media briefing that food inflation stood at 4.3 percent in August, down from 4.35 in July.
Non-food inflation, however, increased to 7 percent from 6.98 percent, said the minister.