Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.
With wheat flour prices crossing Tk 60 per kilogramme (kg) by the end of last week, the Food and Agriculture Organisation (FAO) maintained its price warning level for the second most consumed grain at “high” in Bangladesh.
The price of wheat flour has kept rising in the retail market of Bangladesh due to a decrease in imports amid higher costs of the staple in the global markets, handing a fresh blow to the consumers already struggling to make ends meet.
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Retail prices of wheat flour recently shot up to a 15-year high amid concerns of a supply shortage in local markets after India banned exports of the staple food in order to ensure its availability at home in the face of rising global costs due to Russia’s war on Ukraine.