Inflation giving Lao people serious concerns about the future


The price of rice surged by 48.1 per cent year-on-year. - VT

VIENTIANE (Vientiane Times/Asia News Network): The cost of just about everything from food to energy to transport is rising significantly, with the average inflation rate recorded at 19.69 per cent over the past 10 months of this year.

In October alone, prices rose by 36.75 per cent, up from 34.05 per cent recorded in September and 30.01 per cent in August, according to the latest report from the Lao Statistics Bureau.

Get 20% OFF The Star Digital Access

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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Laos , inflation , economy

Next In Aseanplus News

Singapore joins Brunei, Malaysia, and Indonesia in nominating famous Malay art Zapin for Unesco's list
Eastern Bangkok on flood alert as water in canals reaches critical levels
Taiwan cries foul after Xi presses Trump to change stance on island
AI poses new national security threat, outgoing Hong Kong deputy police chief warns
Hong Kong animal groups call for tighter pet laws after suspected fatal mauling
It's all so rosy now as Xi Jinping attends the state dinner held by Trump
Fifth candidate enter race to lead WHO as nominations close
US, Japan and South Korea launch economic-security talks despite Xi's summit in Washington
Artworks reveal Chinese rulers and Cixi loved role-playing long before modern cosplay
China gets closer to Jupiter mission by bringing Nasa’s StarNAV concept to life

Others Also Read