Inflation in European Union, which happens to be the prime destination of the apparel items of Bangladesh, where the country exported more than 60 percent of its apparel items in the last fiscal year — according to Eurostat, the statistical office of the European Union, the rate of inflation in the Eurozone was 7.4 percent in April 2022, while it was 8.1 percent in the EU countries, hitting a new high as growth slows amidst the Ukraine war — has Bangladesh garment exporters worried as they think garment exports to EU could take a hit on account of the same.
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