The backdrop of persistence and peculiarities of the malnutrition question in Bangladesh has motivated this study to examine how child and maternal nutritional status has been affected due to the sharp rise in food prices. In all counts, the rise in food price has been dramatic. The poor spend a large part of their expenditure on food and the rising food price is likely to have a net worsening effect in terms of already low nutritional status. How much? How are the effects distributed within different wealth groups and spatially? What have been the coping mechanisms? What are the lessons for policy and practice? These are some of the questions that we sought to examine in this study.