Inflation

Cereal production for 2025 was revised upward to a record 3,029 million tonnes – a 5.6 per cent leap – bolstered by favourable monsoons in South America and Africa.

The market’s verdict has been swift and unforgiving. Brent crude futures rocketed to $119.50 per barrel – the highest since mid-2022 – while West Texas Intermediate (WTI) hit $119.48, capping a blistering 25 per cent surge in days.

In a nation where the thali symbolizes sustenance and culture, CRISIL’s barometer isn’t just data; it’s a pulse on equity.

Food security is at stake in a nation self-sufficient in rice production. The unregulated market risks artificial shortages, where hoarding drives spikes despite ample harvests. Without intervention, experts warn of potential vulnerabilities to climate shocks or global disruptions, as the system lacks resilience.

Failure to act, Ahmed cautioned, could derail Bangladesh’s economic aspirations, leaving businesses vulnerable and the nation grappling with stagnation.

Humanitarian assistance has declined sharply amid global funding shortfalls, leaving millions more exposed.

Farmer organisations have indicated that the February 12 protest could mark the beginning of a sustained campaign if their demands are not met or if the trade agreement proceeds without further consultation.

Farm organisations have already begun voicing strong opposition. Some groups have called for nationwide protests.