Rice, chicken, and eggs prices soar in Bangladesh

Published 2024년 9월 6일

Tridge summary

Rice prices in Bangladesh have increased by Tk2-4 per kg in the past 15 days, leading to financial strain for lower and lower-middle-income families. The price hike is due to student protests, unrest, and an unexpected flood. Essential goods like rice, eggs, and chicken are becoming more expensive, stretching budgets and forcing consumers to borrow money. Despite government efforts to reduce essential goods prices and lower import duties, retail prices for potatoes and onions have remained unchanged.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Rice prices have surged by Tk2-4 per kg at retail level over the past 15 days, adding to the financial strain on lower and lower-middle-income families. This latest increase follows an earlier rise of nearly Tk3 per kg before 5 August, driven by unrest during student protests. Also, the situation has worsened due to an unexpected flood, leading to another Tk2-4 per kg hike. During a market visit on Friday (6 September), it was observed that medium-quality BR-28 and Paijam rice are now priced at Tk60 per kg. Fine rice ranges between Tk70 and Tk78 per kg. In local stores across the capital, rice is no longer available for less than Tk60 per kg. However, in larger markets like Karwan Bazar, coarse rice is available for Tk55 to Tk58 per kg. Consumers are calling for immediate government intervention to address rising prices, particularly for essential goods like rice. At Karwan Bazar, buyer Zubair Ansari reported purchasing Paijam rice at Tk60 per kg. He said the Paijam rice takes a ...

Source: TBS