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Fuel prices, kip depreciation drive up inflation in Lao PDR

Fuel prices have increased six times in a period of just two months and 10 days, sparking greater concerns about the rising cost of living in Laos. Senior economist and Dean of the Faculty of Economics and Business Management at the National University of Laos, Dr Phouphet Kyophilavong, told Vientiane Times that inflation will remain high if fuel prices continue to rise.

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