People struggling to keep up with rising prices of essentials have to spend even more on food since the government hiked fuel prices a week ago.
The recent hike in diesel price increased truck fares by 22-25 percent, leading to rice, vegetables and some essentials to become dearer in the capital.
Edible oil processors have proposed a hike of Tk 20 per litre in the price of soybean oil on the ground of the significant depreciation of the taka, which has raised their import cost.
The state-run Trading Corporation of Bangladesh yesterday started selling essential items across the country at subsidised rates to one crore low-income families that have TCB cards.
The bottled soybean oil price has been reduced by Tk 14 a litre at retail.
The wholesale and retail prices of vegetables and fish have shot up in Khulna right after Eid celebrations, due to inadequate supply -- creating a burden for those belonging to the lower-income group.
Amid rising prices of food essentials and other basic necessities, the recent hike in prices of toiletries and other homecare products has added a new burden for people.
There is a new problem in Bangladesh’s edible oil market but as always, the consumers end up being the sufferers.
Despite a bumper yield of potatoes, consumers are not being able to reap the benefits due to a five-year record hike in the retail prices of the vegetable.
Ninety-five food companies have got the permission to import a total of 4,09,000 tonnes of rice as the government tries to lower the prices of staple grain by increasing supply.