by Teuvo Tuomi | Mar 7, 2023 | Laos, Economy, News
The year-on-year inflation in Laos soared to 41.3% in February, up from 40.3% in January, according to the latest report from the Lao Statistics Bureau. The 23-year record high has had a severe impact on the country’s economy over the past year. The depreciation...
by Teuvo Tuomi | Jan 7, 2023 | ASEAN, Economy, Laos, News, Southeast Asia
Inflation in Laos skyrocketed to 39.27% in December. This is the highest of the year and up from November’s 38.46%, according to the Lao Statistics Bureau (LSB). Food and non-alcoholic beverage prices rose by about 45% last month, while healthcare equipment and...
