AMID growing income inequality, high unemployment rates and unprecedented food inflation, economists have rightly pointed out that the budget for the next financial year should prioritise the economic woes of the ordinary people. Economists in a pre-budget meeting with the finance adviser on March 16 urged the government to create an enabling investment...
The rate of the overall inflation eased further to 9.34 per cent in February with food prices dropping both in rural and urban areas to 11 months low.
THIS is highly worrying that inflation, especially food inflation, has pushed about 10 per cent of the population, 1.78 crore people, either into poverty or at risk of poverty in 2022鈥�2024. A Research and Policy Integration for Development study has also identified that the segment of people living in extreme poverty has increased from 5.65 per cent in 2022 to 7.95 per cent in...
The upward trend in inflation continued as it went up further to 11.38 per cent in November on the back of price hikes of food items in both rural and urban areas.
PERSISTENT food inflation was a major issue that aggrieved people, especially low- and fixed income people, who were disappointed about inadequate regulatory measures and took to the streets during the Awami League鈥檚 rule. Low-income people, who were one major group that actively participated in the July uprising...
SUCCESSIVE governments have been generally negligent in ensuring minimum wage and labour rights for workers in export-oriented industries. The apparel workers got some policy attention, and their minimum wage was increased from Tk 8,000 to Tk 12,100 in 2023, but the increase is extremely inadequate considering the unprecedented food inflation in the...
A SLIGHT decrease in prices, largely because of an improved supply and a halt in extortion on highways and at markets, comes as a relief amidst the food inflation that has pushed the poor and low-income people into a tight spot. Prices of vegetables decreased by Tk 10鈥�20 a kilogram in the capital on August 9 while prices of chicken and eggs also decreased...
THE average inflation in the outgoing financial year surpassing the average inflation in the past financial year, which was a decade-high, shows the inefficiency and inadequacy of measures taken by the government to contain inflation. The overall 12-month average inflation has been recorded by the Bangladesh Bureau of Statistics at 9.73 per cent...
Food inflation continued to maintain an upward trend in May, pushing overall inflation to a seven-month high and compounding the miseries of the...
The Bangladesh Bank in a report said that proper market intervention and implementation was needed to address the widening price gap between retail and wholesale prices of essential items that contributed to high food inflation in Bangladesh...
THE food inflation that has remained high for more than two years now reached double digits once again in April after a gap of four months. The Bureau of Statistics in its monthly update says that food inflation was 10.22 per cent in April. The surge was, as economists...
The general food inflation in April crossed double-digit again after a four-month gap, heightening the risk of food security for the majority of...