Food cost for the Bangladeshi poor rise by 58 PC in 2024: WFP report

 Food cost for the Bangladeshi poor rise by 58 PC: WFP report

The World Food Programme (WFP) has published a report on the food cost situation this month in Bangladesh. It says that according to the household survey, the average per head food cost for people below the poverty line was Tk 1,851 in 2022. The prices of food products have gone up over the last two years. The per head food cost for people below the poverty line rose to Tk 2,923 last February, which is 58 per cent higher than the food cost two years ago.

According to official and unofficial accounts, although people's income increased in the last two years, the inflation rate constantly remained around 10 per cent.

Overall, the prices of main food items in the country rose. In particular, the prices of rice, flour and main sources of protein – chicken, eggs, fish and vegetables are on the rise. Besides, the prices of daily essentials like potatoes, onions, ginger and green chillies have also gone up.