Laos’ inflation dropped to 16.9 per cent in December 2024

Local authorities inspect prices of goods in order to manage rates in the market. - Photo: Vientiane Times/ANN file

VIENTIANE: The inflation rate in Laos dropped in the last few months of 2024, while the prices of goods continued to be stable but high.

The inflation rate fell to 16.9 per cent in December from 18.3 per cent in November, 20.73 per cent in October, 21.7 per cent in September 2024 and 24.3 per cent in August, according to the Lao Statistics Bureau.