Bangladesh’s wage growth dropped slightly in July after climbing for 30 months since January 2022, official data show.
As a result, the gap between inflation rate and wage growth hit 3.73 percentage points—the highest in at least a decade—which forced many low-income and unskilled workers, whose wage growth fell to 7.93 per cent in July, to cut consumption.
As a result, the gap between inflation rate and wage growth hit 3.73 percentage points—the highest in at least a decade—which forced many low-income and unskilled workers, whose wage growth fell to 7.93 per cent in July, to cut consumption.
