Central Bank Pursues Robust Measures to Stabilize the KIP
The Bank of the Lao PDR will continue to implement stringent controls to stabilize the value of the kip and ease the burden caused by the spiraling cost of living.
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inflation rates Laos
Inflation Remains Sky High at 41% in March
Inflation rate remains 41% high last March 2023 according to report.
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Inflation In Laos Rises To 25.6 Pct In July
The higher prices of fuel and consumer goods and the continuing depreciation of the Lao currency kip are among the main factors driving the inflation.
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Central Bank Tightens Monetary Policy
The move is aimed at reducing the amount of money in circulation and curbing the spiralling inflation rate, which was recorded at 9.9 percent in April.
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Inflation Rate Closes In On Two Digits
The year-on-year inflation rate in Laos surged to 9.9 percent in April, the highest figure recorded since January 2016
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Laos Has Second Highest Inflation Rate In Asean
Laos is suffering from one of the highest inflation rates in the region, raising concerns as the population suffers from financial hardship
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Year-On-Year Inflation Rate Hit 4.17 Percent In September
Laos saw the year-on-year inflation rate moving up from 3.81 percent in August to 4.17 percent in September
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Laos Grapples With Rising Inflation
The consumer price index has continued to surge despite measures imposed by the government to manage the prices of goods in local markets.
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Inflation Down But Cost Of Living Remains High
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 January
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Inflation Down, But Financial Hardship Persists
Although inflation is trending downwards, many people feel their personal situation has not improved at all due to the mismatch between their income and spending.
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Inflation Surges In August
The price of food and beverages increased by 9.91 percent year-on-year and 2.19 percent month-on-month
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Inflation Rises In Laos Amidst Covid Pandemic
The inflation rate is increasing in Laos despite the government’s measures to regulate the prices of goods in the local markets.
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Laos Faces Growing Inflation
Inflation continued to increase in December, sending a strong warning that serious action is needed to rein in the price of goods and services to prevent them rising further
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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 …