DHL Express, an international express service provider, yesterday announced price adjustments that will take effect on January 1, 2024.

The average increase in Bangladesh will be 4.9 percent. Along with it, a number of services and surcharges will also be adjusted, said a press release.

"Overall, the global macroeconomic situation has started to stabilise although uncertainty remains. Through these turbulent times, we deliver stable and reliable services to all our customers globally," said Md Miarul Haque, managing director of DHL Express Bangladesh.

"With the annual price adjustment, we can continue to invest in improved solutions, increase flexibility across our network and focus on our responsibility to the environment to deliver resilient and sustainable logistic solutions," Haque added.

Prices are adjusted on an annual basis by DHL Express, taking into consideration inflation and currency dynamics as well as administrative costs related to regulatory and security measures.

Both national and international authorities regularly update these measures in the more than 220 countries and territories that DHL Express serves.

Depending on local conditions, price adjustments will vary from country to country.