With the announcement of the proposed budget for the fiscal year 2022-2023, a number of products available in the market are expected to witness both rise and fall in prices.
Price up-
The prices of products and services which may go up include
• Cigarette
• Smartphone, mobile phone sets, e-sim
• Microbus, luxury motor vehicles
• Exotic cheese, curd, yogurt
• Shaving materials
• Cleaning materials
• Cosmetics
• Air conditioner, air freshener, refrigerators
• Anti-bacterial products
• GI fittings
• First-class railway ticket, launch services
• Meditation services
• Covid-19 test kits, PPEs, facemasks, hand-sanitizer
• Imported laptop computers
• Imported readymade garments
• Elevators
• Computer printers, toner cartridges
• Banking
• Aluminum foil
• Crude tar
• Exotic birds
• Cash registers
• Fan motors
• Lighters,
• CNG for two-stroke and four-stroke engines
• Imported water filter
• Freeze
• Imported cable meditation
Price down-
The prices of products and services which are expected to decrease include
• Food prices at restaurants with air conditioning
• Launch fare
• Man-made fibre
• Steel raw materials, rod, concreate ready-mix
• Paper & fabrics
• Wheelchair
• Hearing aid
• Pet food, fish feed and poultry feed
• Agricultural products
• Poultry farm machinery
• Puffed rice
• Sugar
• Power tiller
• Locally manufactured mobile phone charger
• Braille book
• Stainless steel
• Cashew nuts
• LED TV
• Jewelry products, gold ornaments
• Locally manufactured water filter
• Aircraft tires,
• Cashew nut and pesto nut