People hoping to build a house this coming dry season will have to think twice now that the price of many construction materials on sale in Vientiane has risen sharply.Read more
The Lao Statistics Bureau has highlighted three main underlying causes of inflation, amid rising concerns over the ongoing health crisis and food security.Read more
The unanticipated Covid-19 pandemic has delayed economic recovery in Laos, with consumption hit hard by the virus control measures implemented since AprilRead more
Petrol stations in the capital and Vientiane province are now selling premium grade fuel at 11,289 kip per litre, which is the lowest price in the country.Read more
The year-on-year inflation rate continued to rise in Laos in March amid economic distress triggered by the Covid-19 pandemic.Read more
The Consumer Price Index (CPI) stood at 113.61 points in February, indicating an inflation rate of 1.91 percent year-on-year, down from the 2.01 percent recorded in JanuaryRead more
Authorities have been unable to cap the price of pork, which has now risen above the price set during the Covid-19 pandemic, and are trying to find a way to keep prices down.Read more
The Consumer Price Index (CPI) in Laos continues to rise despite the government’s enhanced measures to control the prices of products in local markets.Read more
The Consumer Price Index (CPI) has dipped in recent months after inflation peaked at 6.94 percent in January.Read more
The Consumer Price Index (CPI) remains high in Laos despite the government increasing measures to curb rising prices at Lao markets.Read more
The Lao inflation rate continued to increase above 3 percent in September despite the government introducing a number of measures to control the price of goods in local markets.Read more
The rising price of fuel has become the new driving force behind inflation, sending a signal that the government must address this economic risk.Read more
The Lao National Statistics Bureau said inflation remains low in the country despite rising cost of living.Read more
The IMF also expressed concerns about the nation’s declining levels of foreign-currency reserves, a rising budget deficit and relatively high levels of public debt.Read more
The inflation rate in Laos continues to rise despite the government’s mitigating measures designed to regulate the rate, according to a recent government report.
Local residents in Vientiane have always complained about rising food prices in the capital as it directly affects their livelihoods, particularly the poor.
The average inflation rate over the past 6 months of 2013-14 reached ….