Laos' inflation rate stands at 11.1 pct in April-Xinhua

Laos' inflation rate stands at 11.1 pct in April

Source: Xinhua

Editor: huaxia

2025-05-09 16:56:15

VIENTIANE, May 9 (Xinhua) -- Laos' inflation rate was recorded at 11.1 percent in April, the latest official data showed.

The highest price rise was recorded in the cost of housing, water, electricity and gas category, which stood at 25.2 percent.

This was followed by the cost of medical care and medicines category at 20.5 percent, the household goods category at 18.2 percent, and the education category at 16.5 percent.

The Lao government aims to curb rising prices while stressing the need to increase local production and secure financial support for businesses.

The Lao central bank is set to intensify efforts to address pressing economic and financial challenges to achieve a single-digit inflation rate within 2025.