Consumers feel the heat of war everywhere (The Daily Star)
- Impact Area
The Daily Star (Bangladesh), in its review of the impacts of the Russia-Ukraine war on the people of Bangladesh, quotes a report by the International Food Policy Research Institute released in July  which said “Since the wheat grain supply is highly dependent on imports, we expect changes in world prices to have a relatively large effect on the domestic prices of wheat.”
This prediction was spot on, says the article. “In January this year, the prices of wheat flour surged to a record high of Tk 62.26 per kilogramme in Dhaka, up from Tk 34 a year ago, according to prices data compiled by the Food and Agriculture Organisation.”
Republished in Bangi News.