Keyword: "inflation rate"

Vietnam should closely monitor inflation which has been on the rise in recent time, according to the World Bank (WB).

The capital city of Hanoi will carry out various measures to reach the gross regional domestic product (GRDP) growth target of 6.5-7%, and keep the inflation rate under 4% for the whole year 2024.

Despite the Lao Government's efforts to lower prices of goods and services, the inflation rate in the country remained high in 2023, averaging 31.2%, according to the Lao Statistics Bureau.

Laos recorded an inflation rate of 25.7% in September 2023, a slight decrease from 25.9% in August, and the lowest for the past 12 months, according to the Lao Statistics Bureau.

Thailand’s inflation rate is the lowest among the seven ASEAN countries which have already announced their rates, with inflation for the whole year expected to range between 1% and 2%, according to Poonpong Naiyanapakorn, director of the Commerce Ministry’s Trade Policy and Strategy Office.

Laos saw its inflation rate fall sharply from 38.86% in May to 28.64% in June, according to the Lao Statistics Bureau.

Laos's inflation rate in April dropped to 39.89%, a slight fall from the average rate of 40.85% in the first quarter of this year, according to the Lao Statistics Bureau.

The Thai cabinet has approved a budget of 3.35 trillion THB (over 100 billion USD) for the 2024 fiscal year, government spokesman Anucha Burapachaisri has said.

The inflation rate in Laos surged to 38.46% in November, a record high in the last 23 years, according to the Statistics Bureau under the Lao Ministry of Planning and Investment.

The Lao economy is expected to recover in 2023 thanks to measures to increase new investment and enhance the production of renewable energy and mining activities, according to the Asian Development Bank (ADB).

Inflation rate in Laos surged from 30.01% in August, 2022, to 34% in September, according to the Lao Statistics Bureau.

The headline consumer price index (CPI) of Thailand in August rose 7.86% year-on-year, the highest level since July 2008, the Thai Ministry of Commerce reported on September 5.

Vietnam is likely to complete its target of 6.5 percent in economic growth for 2022, but the goal of keeping the inflation rate under 4 percent is tough, according to Assoc. Dr. To Trung Thanh from the National Economics University (NEU).

Indonesia's Central Statistics Agency (BPS) has announced that the country’s inflation rate hit 1.87 percent in 2021.

Vietnam will certainly keep its inflation rate under 4 percent for the whole year as targeted by the National Assembly since the average Consumer Price Index (CPI) growth is now estimated at around 2 percent, according to Deputy Minister of Industry and Trade Do Thang Hai.

Prime Minister Pham Minh Chinh took the floor at a Q&A session on November 12 to give further explanation after Cabinet members answered law-makers' questions on issues regarding health care; labour, invalids and social affairs; education and training; and planning and investment.

Salary increases at multinational companies this year are expected to be marginally down from 2020 and rise slightly next year.

The year-on-year inflation rate of Laos rose to 4.7 percent in July, highest level recorded since August last year, reported the Lao Statistics Bureau.

Cambodia's inflation rate in the first half of this year was 2.5 percent, a decline of 0.6 percentage point compared to the second half of last year, according to a report released by the National Bank of Cambodia (NBC) last week.

The banking sector has set a goal of flexibly managing and coordinating monetary, macroeconomic, and fiscal policies to control the inflation rate to around 4 percent this year and serve economic recovery and growth.