Finance, commerce and, science and technology adviser Salehuddin Ahmed on Thursday said a quick fall in prices of all essential commodities was unlikely to happen.
He, however, said there was noticeable fall in prices of some of the essential items.
He made the comments while talking to reporters at the finance ministry in the capital Dhaka on the day.
The finance adviser said that there were many reasons for the price hikes of essentials, which could not be brought down drastically.
A decade-high overall inflation has been attributed to high food inflation prevailing in the country over the past two years.
On August 8, the present interim government assumed office after the Awami League-led regime was ousted amid a student-led mass uprising.
Food inflation climbed to 14.10 per cent in July, almost close to average food inflation at 14.11 per cent in 2010-11.
Referring to the recent initiatives of duty cuts and the directives given to the businesses, the finance adviser said improvement in the price situation of essentials would be seen in the next few months.
He said that the price hike of potatoes and onions had already been checked.
The finance adviser said that the prices of protein items were expected to fall as the businesses and producers had already been asked not to pass the higher costs on consumers on the pretext of high prices of inputs.
Replaying to a question, the finance adviser said that the Bangladesh Bank had already taken measures to restructure problem banks.
Besides, the central bank governor, Ahsan H Mansur, announced establishing a task force for the recovery of defaulted loans and laundered money.
