News

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, according to the latest report from the Lao Statistics Bureau. The consumer price index jumped at its fastest pace in recent months, further putting the squeeze ...

Souksakhone Vaenkeo

Laos’ Surging Inflation a Cause for Concern

Inflation in Laos is set to move beyond a six-year high, jumping from 6.25 percent in January to 7.3 percent in February, according to the Lao Statistics Bureau. While the government had set a target of at least 4% annual GDP growth from now through 2025, ...

Latsamy Phonevilay

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 ...

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

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