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flag Laos inflation rose to 5.6% in December due to higher import costs and exchange rate impacts.

flag 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. flag The biggest increases were in goods and services (29.2%), housing and utilities (18.1%), medical care (14.4%), and education (11.4%). flag 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. flag The central bank aims to achieve single-digit inflation by 2025.

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