Higher Fuel Price Driving Inflation In Laos
The rising price of fuel has become the new driving force behind inflation, sending a signal that the government must address this economic risk.
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Consumer Price Index Laos
Laos Records Low Inflation In Line With Region
Laos recorded its highest inflation rates this year in July and August, but economists say overall regional inflation remains low linked to lower commodity prices.
According to the Bank of the Lao PDR, the Consumer Price Index in July this year stood at 102.04 with the inflation rate at 1.97 percent before declining to 1.85 percent in August.
Generally speaking, the inflation rate in Laos has been lower than …