In 2017, consumer price index for Lao People’s Democratic Republic was 128.9 index. Consumer price index of Lao People’s Democratic Republic increased from 17.1 index in 1998 to 128.9 index in 2017 growing at an average annual rate of 13.31 %.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.