Onion price surge: Importers look for alternative market amid India’s export restrictions

After India increased the ban on onion export, onion prices have started increasing in the local market. Since the major source of onion import has closed, onion has to be imported from alternative countries. But due to the restrictions imposed by India, prices have started increasing in alternative markets also. India has extended a ban […]

Food inflation hits highest rate in 11 years and 9 months: Latest data from Bangladesh Bureau of Statistics

Food inflation appears to be out of control and has remained above 12 percent for three consecutive months. According to the latest data from Bangladesh Bureau of Statistics (BBS), food inflation reached 12.56 percent in October, the highest rate in the last 11 years and 9 months. On Monday night, the BBS released updated inflation […]