Dhaka, Aug. 9 -- Onion prices in Bangladesh have spiked sharply, climbing by up to Tk 15 per kilogram, a 24 percent increase, within just a week, causing financial strain to consumers.

The latest surge comes amid a familiar seasonal pattern, typically seen in August and is being fuelled by adverse weather conditions, a suspension of onion imports from India and reduced supply from key producing regions.

In major wholesale hubs like Dhaka's Karwanbazar, local onions are selling at Tk70-75 per kg, while retail prices have reached as high as Tk80 per kg.

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