Laos' inflation drops to 16.9 per cent in December 2024

- Illustrative photo.

VIENTIANE: Inflation in Laos dropped to 16.9 per cent in December, down from 18.3 per cent in November, according to the latest report from the Lao Statistics Bureau.

The highest price rise in December was recorded in the housing, water, electricity and gas category, which stood at 25.7 per cent.

This was followed by the cost of the education category at 24.2 per cent, the medical care and medicines category at 24 per cent, and the hotel and restaurant category at 22.6 per cent.

The Lao government has intensified efforts to control inflation by adopting more restrictive monetary policies. - Xinhua