Rice fields in Laos

Laos Money (ann. var. of M2 %)

Inflation accelerated to 40.3% in January (December: 39.3%). Despite remaining in double-digit territory, price pressures are projected to approximately halve this year. A slightly stronger kip should also keep a lid on prices. Upside risks revolve around China’s reopening and its impact on commodity prices.

Laos Money (ann. var. of M2 %) Data

2017 2018 2019 2020 2021
Money (ann. var. of M2 %) 12.2 8.4 18.9 16.3 24.0

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