The country has witnessed a gradual increase in the average tariff rate on output in the last 17 years.
An estimate prepared by the Policy Research Institute of Bangladesh (PRI) unveiled the trend.
The rate on output this fiscal year stood at 50.10 per cent, which was 37.10 per cent in fiscal year 2001, the study said.
“Output tariffs affect prices of finished consumer goods and are paid by the consumers,” it explained.
The PRI analysis also showed that the average tariff rate on input is slowing decreasing.
The rate was 19.50 per cent in fiscal year 2001, which came down to 13.10 per cent this fiscal year, it said.
“Input tariffs affect prices of intermediate goods, capital goods, and raw materials and are paid by producers,” the analysis mentioned.
“Consumers keep paying higher prices while producers keep reaping higher profits due to such trend in tariffs,” it added.
