17th October 2020
EP

Public expenditure for cooking fuel has jumped in the country as the price of liquefied petroleum gas (LPG) increased by Tk35-50 per cylinder within the span of just one week.

 

Last month, the price of a 12.5kg LPG cylinder was Tk730-760, which has reached Tk765-810 this month.

 

The latest price hike has added to the public suffering caused by an almost year-long financial slowdown due to the Covid-19 pandemic and recent floods.

 

North and north-eastern customers are likely to be forced to spend more money on LPG, as transporting the product from storage facilities located in Mongla and Chattogram increases the cost at the consumer level, said industry insiders.

 

This swelling in the price of LPG will hit the jobless poor and low-income people the hardest.

 

Meanwhile, retailers said that the LPG suppliers have asked them to hike the price, citing the price increase of raw material in the international market as an excuse.

 


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