Bangladesh continues to be on the World Bank’s red list for rising food inflation, where it has remained since June 2021. Between then and last July, monthly food inflation consistently stayed above 5%, with price hikes ranging from 5% to over 14% depending on the product. To exit the red list, monthly food inflation must drop below 5% — something last achieved in May 2021 at 4.87%. Although prices eased during Ramadan and into June, they have started climbing again in recent months.