Page 54 - ICE BUSINESS TIMES February 2020
P. 54

Consumer Market


                                                                        According to the
                                                                        Consumers

                                                                        Association of
                                                                        Bangladesh
                                                                        (CAB), the living

                                                                        cost in Dhaka
                                                                        increased by
                                                                        6.5% in 2019, IBT
                                                                        dissects the

                                                                         ndings of the
                                                                        report
                       Paying










                              A











                    Higher









                                               Price
                    By  Asif Tarafdar









                                                     It can be debated that, among 17 million residents of Dhaka, how
                                                     many people hold this city dear. Generally, you would expect a
                                                     little more affection towards the place people call home. But one
                                                     cannot hold it against the people of Dhaka. The city gives them
                                                     enough reasons for not having a place in their heart. The reasons
                                                     can be easily deduced from the cries of anguish that can be heard
                                                     in public spaces. A common denominator among them is the
                                                     rising living cost. In a report published by the Consumers
                                                     Association of Bangladesh (CAB), the cost of living in Bangladesh
                                                     rose by 6.5 per cent, with the prices of products and services
                                                     going up by 6.08 per cent in 2019.


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