Massive Yet Restricted Consumer Potential

We are expecting softer, albeit still healthy, domestic demand conditions in Bangladesh over the coming quarters. Our expectations of waning inflationary pressures should provide reprieve for local consumers, whose purchasing power have came under considerable pressure due to high food prices over the past few quarters. Our sanguine remittance outlook for Bangladesh spells another cause for optimism in the country's near-term domestic demand picture, although we acknowledge that the growing external headwinds in Bangladesh's key manpower export markets such as the US, Saudi Arabia and the UAE are primary downside risks to this outlook.

To read the full article, please choose one of the following options: