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Soaring Commodity Prices and Inflation Squeeze Bangladesh's Middle Class

Updated: Dec 8, 2023

Author: Santu Das, Bangladesh


The middle class in Bangladesh is grappling with a dire financial situation due to the relentless rise in prices of essential commodities and the persistent grip of inflation. The escalating costs of fundamental necessities like food, fuel, and daily essentials have cast an atmosphere of uncertainty and unease, clouding the country's economic landscape. The impact on the middle class is severe, with families struggling to make ends meet and being forced to cut back on essential expenses, including food and education. Some are even resorting to debt to manage their finances. Market experts and economists highlighted how the limited purchasing power of consumers led them to sacrifice...

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