Essentials’ price hike goes on unabated ahead of Eid

Prices of beef, chicken, chickpea, milk, aromatic rice and sugar increased significantly

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Mohammad Badrul Ahsan :
The government high-ups’ repeated warnings have failed to create any impact on the commodity market, as the ongoing soaring trend in essentials’ prices continues unabated ahead of Eid.
Because of the ongoing price hike in the kitchen markets, consumers are in trouble to purchase essentials, like – beef, chicken, chickpea and sugar etc, prior to the holy Eid festival.
According to traders, a section of unscrupulous hostellers stock piled the most consumables during the Eid to create artificial crisis in the market and thus to make a hefty profit.
They have demanded immediate and effective moves from the agencies concerned to strictly monitor the market and keep the essentials’ prices under people’s purchasing capacity.
Meanwhile, prices of key items including sugar, grass-pea (khesari), beef, chicken and chick-pea have increased by 16-20 per cent, 25 per cent, 10 per cent, 10-15 per cent and 15-20 per cent respectively within the last one weak.
However, prices of the commodities have gone up by on an average 15 percent ahead of Eid than their prices in the corresponding period of last year, data of TCB, DAM and Consumers Association of Bangladesh (CAB) showed.
According to the data, prices of beef, mutton, farm chicken, chick-pea, grass-pea and sugar are now 10 percent, 7 percent, 12 percent, 30 percent, 50-60 per cent and 51.5 per cent higher respectively than their prices a year back.
Habibul Bashar, a private service holder, was found bargaining over sugar price with a grocer at a market in the capital’s Mohammadpur on Friday.
Talking to the The New Nation, Bashar said he bought the item at Tk 60 per kg on Saturday, but now the shop owners are demanding Tk 65 per kg for it.
“Beef price reached Tk 455 a kg, and broiler chicken Tk 265 a kg. How can we survive?” said the teacher, who belongs to lower middle-income group.
Many consumers termed the price hike as a ‘torture’ for the fixed-income people, as they find themselves in a difficult situation to purchase daily commodities with their limited earning.
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