This represents a 69.5 percent increase over the food poverty line for maintaining a minimum healthy diet. Inflation rose to 11.38 percent in November, with food inflation nearing 14 percent. Meanwhile, the latest national wage growth rate stands at 8.10 percent, consistently lagging behind inflation rates nearly every year. Zahid Hussain, a former lead economist at the World Bank’s Dhaka office, said: “Food inflation has become a significant concern. For over 36 months, the inflation rate has risen much faster than the wage growth rate in sectors like agriculture, services, and industry.

Source: bd News24 January 07, 2025 16:59 UTC