Cost of food in Laos increased 2.98 percent in May of 2019 over the same month in the previous year. Food Inflation in Laos averaged 3.52 percent from 2013 until 2019, reaching an all time high of 12.40 percent in December of 2013 and a record low of -2.11 percent in December of 2017.
Food Inflation in Laos is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Laos to stand at 1.40 in 12 months time. In the long-term, the Laos Food Inflation is projected to trend around 1.50 percent in 2020, according to our econometric models.