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Inflation in Laos dropped to 4.5% in September, driven by declines in key sectors despite ongoing price pressures.
Inflation in Laos eased to 4.5% in September from 5% in August, according to the Lao Statistics Bureau.
Major price increases occurred in goods and services (18.2%), housing and utilities (14.8%), medical care (12.9%), and education (9.7%), with smaller rises in clothing, household goods, and alcohol and tobacco.
The government is taking steps to stabilize the economy by boosting revenue, cutting spending, improving financial management, and promoting economic independence.
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La inflación en Laos se redujo al 4,5% en septiembre, impulsada por disminuciones en sectores clave a pesar de las continuas presiones sobre los precios.