Dhaka, April 21 -- Inflation "will not rise significantly" on the increase in fuel prices, as the raise is modest compared to global situation, says the commerce minister facing question in parliament.

Minister Khandaker Abdul Muktadir presents explanation in support of his claim, stating that "it is important to understand why inflation will not increase in that way".

"First of all, it is important to understand why inflation will not increase significantly. Compared to the ratio at which global fuel prices have increased, the rise in Bangladesh has been quite modest."

In the United States, he mentions, fuel prices vary from state to state due to their own tax systems. Before this war began, prices in many states were around $2.70-$2....