Laos' inflation rate decreased to 21.7% in September from 24.3% in August.

Laos' inflation rate decreased to 21.7% in September from 24.3% in August, as reported by the Lao Statistics Bureau. Medical care and medicines saw the highest price rise at 34%, followed by housing and utilities at 32.9%, and hotel and restaurant services at 30.9%. In response to rising costs, the government formed an ad-hoc committee in July to address inflation. The Lao Bullion Bank's soft opening also reflects efforts to bolster economic stability.

October 01, 2024
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