Price of essentials
ADB forecasts 6.1% GDP growth for Bangladesh in FY24, higher than World Bank’s
The ADB’s projection comes days after the Bangladesh Bureau of Statistics said economic growth in the October-December quarter of fiscal 2023-24 halved to 3.78 percent, the slowest pace in three quarters, as manufacturing output growth declined sharply owing to reduced domestic consumption.
No respite to consumers: Inflation edges up in March
Inflation edged up in March after marginally easing in the previous month, showing no signs of respite to consumers already hurt by the consistent erosion of buying capacity due to elevated prices.
Chicken prices soar by up to Tk 40 per kg
Much to the frustration of people from low-income groups, the price of chicken, one of the most common sources of animal protein, has shot up by Tk 30 to Tk 40 per kg over the last couple of days in the capital’s kitchen markets.
Chicken prices soar by up to Tk 40 per kg
Traders in city’s kitchen markets blame sudden rise in demand ahead of Eid
Govt to fix rice prices too
State Minister for Commerce Ahsanul Islam Titu said yesterday that the government will fix rice prices based on variety and seasonal production costs to combat price manipulation in domestic markets starting this Baishakh, the first month of the Bangla calendar.
Meat prices up in city markets
Prices of beef, chicken and potatoes have increased in the capital’s kitchen markets over the last week and a half.
Onion prices drop a little
The prices of onions have come down in the country’s markets despite India’s indefinite ban on the export of the vegetable.
Price caps on agricultural products don’t work
Setting the prices of produces would not rein in the spiralling prices of essentials, said Commerce Secretary Tapan Kanti Ghosh yesterday.
Rice at Tk 15 per kg for 50 lakh families
The government will provide 1.5 lakh tonnes of rice to 50 lakh families at subsidised prices and sell meat, eggs, and other essential items at low prices in Dhaka during Ramadan.
'Is syndicate more powerful than govt?'
Jatiyo Party MP and Deputy Leader of Opposition asks parliament
Economy recovering, prices decreasing: finance minister
Finance Minister Abul Hassan Mahmood Ali today said the economy is recovering and the prices of different commodities are decreasing
Stop extortion to contain prices of essential items
Business leaders yesterday expressed anger over extortion in the supply chain of commodities, pinning the nuisance as a major barrier to containing the prices of essentials.
Consumers brace for price shocks
Consumers are bracing for multiple price shocks ahead of Ramadan that usually marks a period of high household spending.
Stern action if anyone raises prices artificially: PM
Prime Minister Sheikh Hasina yesterday hoped that it would be possible to rein in the price hike of daily essentials during Ramadan and urged all not to pay heed to rumours regarding prices going up.
Protesting Price Hike: Ganatantra Mancha procession foiled in city
Police yesterday halted and charged truncheons on a procession of Ganatantra Mancha marching towards to the Secretariat to protest rising commodity prices, “looting of banks”, and money laundering.
Sometimes media is to blame for price hikes: Justice Enayetur Rahim
Justice M Enayetur Rahim, a senior judge at the Appellate Division of the Supreme Court (SC), today instructed the media to make reports positively and carefully, saying that prices of products sometimes increase due to the role of media.
Essential Commodities: Govt move fails to stop price hike ahead of Ramadan
The government’s promise of containing the prices of essentials ahead of Ramadan seems to be only on paper as the prices of key items instead rose over the last month.
Govt backtracks on decision to hike sugar price
The industries ministry has backtracked on its decision to hike the price of sugar produced by state-run sugar mills.
