Dhaka, June 3 -- The Consumers Association of Bangladesh (CAB) on Wednesday expressed concern over the latest increase in electricity tariff, warning that the move could intensify inflationary pressures and raise the cost of living for ordinary people while increasing production costs across key sectors of the economy.

Reacting to the price hike, CAB Vice President SM Nazer Hossain said energy, including electricity and gas, is a fundamental driver of economic activity, and any increase in energy prices inevitably has widespread consequences.

"We have repeatedly said that electricity, gas and other forms of energy are the backbone of the economy. When energy prices increase, economic activities are naturally affected. The impact is felt...