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Laos inflation rose to 5.6% in December due to higher import costs and exchange rate impacts.
Inflation in Laos rose to 5.6% in December from 4.8% in November, driven by higher prices for clothing and goods impacted by exchange rate changes.
The biggest increases were in goods and services (29.2%), housing and utilities (18.1%), medical care (14.4%), and education (11.4%).
The government plans to curb inflation by boosting domestic production to reduce imports and foreign currency use, while increasing reserves to stabilize the exchange rate.
The central bank aims to achieve single-digit inflation by 2025.
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La inflación de Laos subió al 5,6% en diciembre debido al aumento de los costes de importación y al impacto de los tipos de cambio.