Inflation in Laos remains high in December despite numerous govt’s attempts to control it


Laos government seeks to boost productivities for domestic consumption and export. - Vientiane Times/ANN

VIENTIANE (Vientiane Times/ANN): The inflation rate in Laos averaged 31.2 per cent for the whole of 2023 despite the government’s many attempts to lower the cost of goods and services to single-digit figures.

Price rise remained high in December at 24.4 per cent, down from 25.24 percent in November, according to a report from the Lao Statistics Bureau.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

FBM KLCI ends at intraday high, marks 16-month high
5.7-magnitude quake hits waters near Philippines, says GFZ
General Border Committee to meet on Dec 24 to resume Thai-Cambodia ceasefire
US highlights Panama security ties as China-linked canal ports deal stalls
S'wak Deputy Premier wins defamation suit against state DAP chief, awared RM500,000 in damages
Traditional hanfu turn trips into cultural adventures in China
Bhutanese King recalls Thai comfort food and Buddhist warrior spirit in moving Chulalongkorn address
FIFA investigating FAM sec-gen Azman over heritage players saga
Vietnam replaces Trade Minister as leadership review begins
China zoos keep animals warm to protect against winter chill

Others Also Read