It has become a rule in Bangladesh and perhaps a norm also elsewhere that prices that rise seldom come down. The sellers show reasons for rise, but when the reasons do not prevail, the keep their spiral prevailing. In fact, "inflation remains a growing challenge for the economy as soaring prices of food and fuels are showing no sing of relent (Prices Are Downward Rigid, January22).
We have been facing inflation for four decades now. Rather, it is inflation that is showing no sign of relent. During this period, we often experienced some relief in soaring of prices. While it is the cartel of greedy traders who are benefiting from the price spirals, the real producers - both farm and pactory - are not making much money.
Inflation is one cause that may not be checked at once, but the government should promptly tackle the other causes it it must save the economy. The people need a relief from the oppressive burden of runaway prices
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