The inflation rate is increasing in Laos despite the government’s measures to regulate the prices of goods in the local markets.Read more
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 furtherRead more
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 …