Many essential items see drop in prices

Prices of many essentials have already come down and the trend may continue which would ease the situation further, said Commerce Minister Tipu Munshi.

“Although prices of some products have increased in the holy month of Ramadan, some others have gone down now,” the minister told reporters at his home in the capital yesterday.

Compared to previous years and in the context of the current global situation, Bangladesh is doing well, he claimed.

The minister said prices of essentials are decreasing gradually. Besides, edible oil, sugar and other products are being given to poor families through the TCB.

“Daily essentials are being sold now in the country at prices fixed by the government.”

The minister said at the beginning of Ramadan, ordinary people found it difficult to buy daily essentials at high prices.

“That pressure has subsided now. The prices of daily essentials have also dropped in Dhaka city. The price of onion has come down. We have reduced onion imports from India to ensure fair prices for locally produced onions,” he said.

The minister said during his recent official visit to Bhutan, fruitful discussions were held on trade and commerce between the two neighbouring countries.

The visit will facilitate the use of transit and exchange of goods between the two countries, he added.