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Home News Item Inflation in Laos hits 18-year high at 12.8 pct in May
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Inflation in Laos hits 18-year high at 12.8 pct in May

juni 09, 2022by Reacties uitgeschakeld voor Inflation in Laos hits 18-year high at 12.8 pct in May

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VIENTIANE, June 9 (Xinhua) — Laos’ inflation rate climbed to 12.8 percent in May on a yearly basis, the highest in 18 years, according to the latest report from the Lao Statistics Bureau.

The fuel crisis, with petrol stations across the country running dry, and the continuing depreciation of the kip are among the main factors driving inflation.

The surge in the consumer price index survey, which measures

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