Laos' inflation rate fell to 16.9% in December, yet costs for housing and utilities surged.

Laos saw its inflation rate drop to 16.9% in December 2024 from 18.3% in November, but the cost of living remains high. Housing, water, electricity, and gas saw the biggest price hikes at 25.7%, followed by education, medical care, and hotel services. The Lao government is implementing stricter monetary policies to control inflation.

3 months ago
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