Monday, January 02, 2012

Gas prices unexpectedly rise 30 percent in Myanmar, raising fears of inflation on other goods

1 January 2012
YANGON, Myanmar — Gas prices unexpectedly rose more than 30 percent for
the new year in Myanmar and sparked fears of other goods costing more as well.
Motorists learned of the increase at the pump Sunday when prices increased from
2,500 kyat (3.15 dollars) to 3,350 kyat (4.2 dollars) per Imperial gallon (4.5 liters).

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