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 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Laos , inflation , economy

   

Next In Aseanplus News

'He stabbed my husband repeatedly, Our priority now is his safety...': Kareena Kapoor recalls attack on Saif Ali Khan
Israel-Hamas ceasefire delayed after Netanyahu demands hostage list
Unrepentant Yoon supporters livestream South Korea court storming
Five injured as firework sounds scare elephant in Thailand's Nong Bua Lamphu
Food poisoning mars second week of Indonesia's free meals rollout
Tennis-Sinner faces Rune, Swiatek looks to end Lys' dream run at Australian Open
Ho Chi Minh City’s first metro line to operate overnight on Lunar New Year’s Ev
Bad-level continuous rain warning in Sarawak until tomorrow
Married couple arrested for alleged involvement in cigarette smuggling syndicate
Scores of Afghans have left for the US after their visas were processed in the Philippines

Others Also Read