Electricity prices surge in Laos amid rising demand and weakened kip
On social media, many Lao citizens have shared photos of their monthly electricity bills, expressing shock at how much the costs have risen.
On social media, many Lao citizens have shared photos of their monthly electricity bills, expressing shock at how much the costs have risen.
The consumer price index (CPI) stood at 134.3 as against 132.4 in the same month a year ago, according to the Statistics Department.
While rice for sake production has long been traded at a higher price than table rice, the price of table rice is now higher than that of sake rice, causing an increasing number…
Consumers have increasingly opted for smaller, more frequent purchases to stretch their limited disposable income.
Agriculture Secretary Francisco Tiu Laurel explained that production challenges caused by the African swine fever, coupled with strong consumer demand, made it challenging to…
Consumers have chosen alternatives like beef, mutton, chicken or fish, which generally have more stable prices, a butcher said.
Although this marked the first drop since Dec. 23-29, prices are still more than double the ¥2,106 recorded during the same week a year earlier.
Traders blame high temperatures and falling production, but consumer rights groups say price hikes are driven by collusion and weak oversight.
Among the alternatives are adding glutinous barley to rice and switching from rice to bread and pasta.
The Agriculture and Food Security Ministry announced recently that the price control on chicken eggs had been lifted, with subsidies reduced from 10 sen to 5 sen per egg,…