Laos’ Surging Inflation a Cause for Concern
Inflation in Laos is set to move beyond a six-year high, jumping from 6.25 percent in January to 7.3 percent in February, according to the Lao Statistics Bureau. While the government had set a target of at least 4% annual GDP growth from now through 2025, year-on-year inflation has accelerated from 6.25 percent in January to 7.3 percent in February, with no indications of slowing down.
Latsamy Phonevilay
