Inflation in Bangladesh and Its Impact on People’s Economic Access to Food

This research paper addresses the alarming issue of high inflation in Bangladesh and its impact on the economic access to food for people. Through a combination of quantitative and qualitative studies, the research identifies contributing factors to inflation, including external influences such as the Russia-Ukraine conflict and internal factors like inadequate policies, syndicate activities, and inefficiencies in domestic production. The study reveals that inflation significantly hampers the food-buying capability of low-income and lower-middle-income individuals, with people across all income groups experiencing increased food expenditures. Notably, even upper-middle-income individuals are found to spend a substantial portion of their monthly income on food, making essential items unaffordable for many. The paper recommends implementing stringent measures to regulate syndicate activities, providing food aid, boosting domestic food production, and conducting awareness-building initiatives to mitigate inflation and enhance economic access to food for the population.