Saturday 15 June 2024

Inflation has hit PNG big time

 It's not rocket science to work this out.

Prices of food items have gone up. It changed immensely within a month or less.

Below is an adertìsement or promotion for TST that's more than 20 years ago.

Don't you wish we could go back to these prices?



I was at a quick shop at the Boroko Drive Mobil Service station this morning.

A man went to buy chicken and one kilogram packet of Roots Rice.



As a regular at that shop, he knew the price to be K4.60 but to his surprise it has gone up to K6.00.

The cashiers apologised to him that prices have changed much lately.

The Post Courier will now be selling at all regional centres for K5.00 per cover except Port Moresby and Lae which should maintain the K2.00 cover price.

It's General Manager Frank Genaia says the distribution cost for air freight have gone up.

For alcohol consumers a six pack of SP Lager in bottle and can have gone up at most retail outlets.

It used to be K42.00, it is now K45.00

A K100.00 note is worth about K30.00 these days.

Salaries of many public servants would be quite a challenge to amend and increase due to cumbersome processes. 

Private companies may also need to dig deeper to compensate its employees and remain in business.


Times are indeed tough and yes most average employees are struggling to pay K400.00 a fortnight rent for a room.


God help Papua New Guinea.

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