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.