The inflation rate in Laos hit 23.6 percent year-on-year in June, the highest since May 2000, amid a surge in energy and consumer goods prices. source: Bank of the Lao PDR
Inflation Rate in Laos averaged 16.84 percent from 1989 until 2022, reaching an all time high of 167 percent in March of 1999 and a record low of -2.26 percent in August of 2009. This page provides the latest reported value for - Laos Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Laos Inflation Rate - values, historical data and charts - was last updated on August of 2022.
Inflation Rate in Laos is expected to be 20.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos Inflation Rate is projected to trend around 3.20 percent in 2023, according to our econometric models.