According to the report of the Lao Statistical Office which
สล็อต xo was published last Monday Higher prices for fuel, gas and other imported goods add up to the weakening of the kip. It is the main factor driving inflation in the country.
Lao inflation This was led by an increase in the price of communications and transportation, which was up 49.9% year-on-year. Affecting other parts of the economy, food and non-alcoholic beverage prices rose 47.1 percent and medical and drug costs rose 42.2 percent.
Inflation began to rise in the second quarter of last year when Laos' economy which has been severely affected by the outbreak of COVID-19 was aggravated by soaring oil prices and a rapidly depreciating currency
Lao kip traded at about 9,300 kip per dollar (about 18.44 baht) in September 2021. It has since risen to nearly 17,000 kip (about 33.71 baht) last month. However, it is still depreciating. Very much compared to Thai baht, Vietnam's dong. and the Chinese yuan As a result, the cost of imports from these three important trading partners has increased accordingly.
