Inflation rate in Laos hits highest point in two years

VIENTIANE, Feb. 23 (Xinhua): The year-on-year inflation rate in Laos jumped to 6.25 per cent in January, the highest figure recorded since January 2020.

The cost of goods and services has continued to climb since March 2021 and jumped to 5.04 percent in November before rising to 5.27 percent in December, according to the latest report from the Lao Statistics Bureau.