Laos' inflation rate rises slightly in January

The surge in demand during the festive season led to an increase in the prices of food and alcoholic drinks. - VT

VIENTIANE: Laos recorded an inflation rate of 24.44 per cent in January 2024, a slight increase from 24.37 per cent in December 2023, according to the latest report from the Lao Statistics Bureau.

According to a report released by the bureau on Wednesday (Feb 7), the highest price rise in January was recorded in the hotel and restaurant category, which stood at 35.98 per cent year-on-year.