Inflation spikes in Laos

VIENTIANE (Vientiane Times/ANN) – Laos has steadily faced a higher inflation rate over the past five months after being pressed by several economic factors.

The changes in consumer prices index, as a result of expensive commodities such as oil, gold and food weakening the value of the Lao currency (kip), is a key element to push up the rate. This satiation creates concerns for consumers and business entrepreneurs.

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 News Desk
http://annx.asianews.network/content/inflation-spikes-laos-99723

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Inflation spikes in Laos

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