Rising inflation in Laos sparks public concern


Inflation is driven by the price of food, fuel and depreciation of the kip against the Thai baht and US dollar.- VT

VIENTIANE (Vientiane Times/Asia News Network): In the past 42 days, fuel prices have risen four times, causing heated debate among members of the public who are increasingly concerned about the spiralling cost of consumer goods.

The price of Grade A pork has now risen to 55,000 kip per kg while the price of beef has surged to 95,000-100,000 kip per kg, according to local vendors.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Laos , inflation , kip , economy

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