Budget Implication: Prices expected to go up and down
With the announcement of the proposed budget for the upcoming fiscal year (2019-’20), a number of products are expected to see fluctuation in prices both upward and downward.
The prices of products and services which may go up include milk powder, raw sugar and refined sugar, natural honey, olive oil, smart phone, telecom equipment, services provided through mobile phone SIM/SIM card, ice cream, soybean oil, palm oil, sunflower oil, mustard oil, cigarette, bidi, zarda and gul, palm nuts or kernel, optical fibre cable, pebbles broken stone, particle board, plastic and aluminum items, fare of chartered aircraft and helicopter, astrologists’ and marriage media services.
The prices of products and services which are expected to decrease include poultry and fish feed ingredients, raw materials of cancer medicine, gold, firefighting equipment, power tiller, combined harvester, lightning arrester, and bread, handmade biscuits and handmade cakes (up to the value of Tk. 150 per kg).