Dhaka, Feb. 28 -- Eid sales in different shopping malls in the capital are yet to gain momentum as the majority of buyers are remaining tight-fisted at the month-end amid inflationary pressure, according to traders.

They say persistent increases in the prices of essentials, such as rice, edible oil, and utilities, have squeezed disposable income, forcing many middle- and lower-income families to prioritise basic needs over festival shopping.

However, they say sales will pick up soon when the majority of shoppers will get festival allowances, their regular salaries, and remittances from their close ones staying abroad.

During visits to New Market, Gausia, Nurjahan, and Bashundhara City, it was found that people from different walks of l...