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 |