Commodity prices soar this month
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Goods prices have risen this month as expected after the government raised the basic salary of civil servants by 20,000 kyats (Bt670).
In the first week of the month, the prices of meat and fish jumped by about 60 per cent. A bundle of watercress increased from 150 to 250 kyat. It is believed that the salary increase has boosted domestic demand, at the time when inflation is expected to advance.
New rates for electricity have also gone into effect from April 1, subjecting household and industrial users to variable rates from fixed rates of 35 and 75 kyat
per unit.
