The living costs for Bangladeshis increased by 8.44% last year, which was higher compared to the year before, the Consumers Association of Bangladesh (CAB) has said.
In addition, cost of services increased by 7.17% compared to 5.81% in 2016, CAB President Ghulam Rahman told a media briefing on Tuesday in Dhaka
Food price, particularly of rice soared in 2017 compared to the previous year. Price of all types of rice soared by 20.4% last year.
The price of local and imported onions, vegetables and milk rose between 2016 and 2017.
Between 2016 and 2017, the prices of onion increased the most. The price of locally produced onion rose by 40.99% while those imported saw a hike of 57.54%.




Vegetable prices also increased by 24.28% while the price of liquid milk rose by 20.36%.


CAB prepared the report by collecting price data from 15 kitchen markets, 114 food items, costs of 14 services including gas, electricity and water and 22 daily used products.
Costs for education, health, and transport were not included in the report.