Fuel price rise will lift inflation and weaken consumption, analysts say
জ্বালানির দাম বৃদ্ধিতে মূল্যস্ফীতি বাড়বে, ভোগ কমবে — বিশ্লেষকরা
A brokerage analysis and two economists expect the increase to fall hardest on households that spend most of their income on necessities.
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BRAC EPL Stock Brokerage expects the fuel rise to push up inflation and weaken real disposable income, weighing on consumption among price-sensitive households, The Daily Star reports. The Daily Star
reporting The Daily Star — Fuel price hike to push up inflation, weaken consumption read the original ↗ (thedailystar.net) -
The increase follows five months of unchanged domestic prices despite a sharp rise in international fuel and freight costs. The Daily Star
reporting The Daily Star — Fuel price hike to push up inflation, weaken consumption: BRAC EPL read the original ↗ (thedailystar.net) -
Poor and lower-middle-income families will suffer disproportionately because most of their income goes on daily necessities, economist Fahmida Khatun told The Business Standard. The Business Standard
reporting The Business Standard — Fuel price hike to intensify inflation, squeeze households: Fahmida Khatun read the original ↗ (tbsnews.net)
A sharp rise in fuel prices will push up inflation and is likely to weaken real disposable income and weigh on aggregate consumption, particularly among price-sensitive households, according to an analysis by BRAC EPL Stock Brokerage Ltd reported by The Daily Star. The paper notes the price spike follows five months of unchanged domestic prices despite a sharp rise in international fuel and freight costs.
Economists quoted by The Business Standard make the distributional point plainly. "Poor and lower-middle-income families will suffer disproportionately because most of their income is spent on daily necessities," said Fahmida Khatun.
How this story developed
- Fuel price hike to intensify inflation, squeeze households: Fahmida Khatun — The Business Standard
- Fuel price hike to push up inflation, weaken consumption: BRAC EPL — The Daily Star
- Fuel price hike to push up inflation, weaken consumption — The Daily Star
- Nirikh brief published
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