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Food Inflation in the Lao PDR : Trends, Drivers, and Impacts - Policy Note (Английский)

Food price inflation in Laos has surged into double digits since mid-2022, surpassing global and regional trends. High food prices impact the welfare of both consumers and agricultural producers. Holding all other factors constant, increasing food prices diminishes households’ purchasing power. In Laos, this impact is particularly pronounced among low-income urban households, which dedicate a larger proportion of their expenditures to food purchases...
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