Inflation in Laos slows but cost of living remains high


A vendor sells chillies, limes and tomatoes at a market in Vientiane. - Photo: Lao Aussie Fresh Market

VIENTIANE: Inflation in Laos fell slightly to 4 per cent in October, down from 4.5 per cent in September, but the price of essential goods and services continues to rise, adding pressure on households already coping with high living costs.

According to the Lao Statistics Bureau, the October figure reflects a gradual slowdown in inflation, which stood at more than 15 per cent at the start of the year.

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

Next In Aseanplus News

South Korea to roll out US$17bil ‘wartime’ budget
Jail for ex-primary school teacher in Singapore who committed sex acts with former student
Missing Survey Dept officer found dead at Malaysia-Brunei border
Indians panic-buying fuel despite government assurances
Friends, neighbours in shock over Merbok murder tragedy
China warns US against building ammunition facility in Philippines
Enforcers tracking down duo caught on camera filling subsidised RON95 into container in car boot
Thailand swelters as temperatures hit 41C, storms expected in five provinces
FBM KLCI ends at day’s low, ringgit hits two-month low
Appeals court sets April 6 to hear appeal by 1MDB, 10 others in Mareva injunction bid against Rosmah

Others Also Read