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Clothing Prices Increase by 20-25% During Each Ramadan


OurtimeBD.com
16.06.2017

Written by: Eshan Maitra

All the local markets & stoppings are filled with varieties clothing of native & foreign designs. Still, sellers increase the prices by 20-25% each year during the Ramadan. Then, it stays that way throughout the year. While, general goods’ prices only go up by 2-3%. Market Experts are saying, this is the negative side-effect of the open-market economy.

Prioritizing the festivals & family needs. Often general buyers are mentally forced to adapt with the increased prices. Also, the sellers take the exact advantage.

Consumer Association of Bangladesh claims that, saving native clothing businesses, this effect can be taken under control. Hence, foreign clothing businesses should be discouraged.


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