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.
TCB fails to unload 90 tonnes of imported onions at Benapole
Amid surging prices of onions throughout the country, 90 tonnes of onions are waiting to be unloaded after imports from India through Benapole port five days ago
Prices soar, consumers hit hard
Prices of onion increased by Tk 100 or more per kg overnight as traders began stockpiling following the news that India had extended a virtual restriction on its export.
More and more people now flocking to OMS trucks
Leaving his chicken shop to his salesman, Abul Kashem rushed to gate-1 of New Market around 11:00am yesterday to buy essentials from a mobile shop of the government’s Open Market Sale programme.
Sugar costlier by Tk 30
Price of sugar, both loose and packaged, increased by up to Tk 30 per kilogramme at different markets in the capital over the past couple of weeks.
TCB to sell essentials at subsidised rate in city
The government today will start selling soybean oil, potatoes, onions, and lentils at subsidised rates in Dhaka to alleviate the suffering of low-income consumers, especially those without TCB family cards.
Onion price now Tk 150 per kg
The price of locally grown onions rose to Tk 150 per kg at retail stores in Dhaka yesterday, up from Tk 140 the day before.
Onions now Tk 140, potatoes Tk 65 a kg
Prices of potatoes and onions have skyrocketed in the kitchen markets.
Ensure potato sales at govt-fixed rate
The commerce ministry yesterday directed the district administrations to ensure sales of potatoes at the government’s fixed rate at the cold storages, according to a statement.
Govt okays import of 19,400-tonne potatoes
The agriculture ministry has started issuing permits to importers to bring potatoes to control prices
India moves to curb onion export
India yesterday imposed a minimum export price of $800 per tonne for onions -- much higher than the prices at which importers were buying.
