Laos Inflation Rate

The inflation rate in Laos was recorded at 5.80 percent in March of 2013. Inflation Rate in Laos is reported by the Bank of the Lao P.D.R. Historically, from 1989 until 2013, Laos Inflation Rate averaged 22.63 Percent reaching an all time high of 167 Percent in March of 1999 and a record low of -2.26 Percent in August of 2009. In Laos, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page includes a chart with historical data for Inflation Rate in Laos.

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Laos Inflation Rate
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Inflation Rate | Notes

The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.






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