Bureau Outlines Three Main Causes Of Inflation
The Lao Statistics Bureau has highlighted three main underlying causes of inflation, amid rising concerns over the ongoing health crisis and food security.
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Lao Statistics Bureau
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.
Read more Inflation Continues To Rise Amid Covid-19 Crisis
The year-on-year inflation rate continued to rise in Laos in March amid economic distress triggered by the Covid-19 pandemic.
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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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Micro-Businesses Dominate Laos’ Enterprises
Laos, as a least developed country, is still largely dominated by microbusinesses, which account for 94.2 percent of all enterprises in the country
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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.
Read more Inflation Rises In Laos In December
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.
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Inflation Trending Downwards But Still High
The Consumer Price Index (CPI) has dipped in recent months after inflation peaked at 6.94 percent in January.
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Number Of Families Working In Agriculture Down By 10 Percent: Survey
A survey conducted in 2019-2020 revealed that 851,257 families in Laos work in agriculture
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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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New Report Reveals Poorest Areas Of Laos
Xepon district in Savannakhet province and Toumlan district in Xekong province are the poorest districts in Laos with people living in extreme poverty, while pockets of poverty also exist in urban centres, according to a new report.
The Lao Statistics Bureau released the report yesterday, titled: Where Are the Poor? Its findings make up the …..