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

Publication:
Food Inflation in the Lao PDR: Trends, Drivers, and Impacts - Policy Note

dc.contributor.author	World Bank
dc.date.accessioned	2025-01-07T16:39:08Z
dc.date.available	2025-01-07T16:39:08Z
dc.date.issued	2025-01-07
dc.description.abstract	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. Low-income households tend to allocate a larger share of their consumption to food, while rural households rely more on self-production than food purchases. This policy brief examines the causes and impact of food inflation in Laos, aiming to inform policy actions to address the issue. The comprehensive analysis combines descriptive and econometric methods. In addition to estimating the potential impact of food inflation on household welfare and food insecurity, the analysis empirically examines the factors that contribute to food price inflation at the national level. Furthermore, it investigates the price formation and transmission mechanics of key commodities such as rice, pork, and chicken, both domestically and in international markets.	en
dc.identifier	http://documents.worldbank.org/curated/en/099112924001525670/P50069215f19bb0b219a5417596c5bd96c9
dc.identifier.doi	10.1596/42625
dc.identifier.uri	https://hdl.handle.net/10986/42625
dc.language	English
dc.language.iso	en_US
dc.publisher	Washington, DC: World Bank
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	https://creativecommons.org/licenses/by/3.0/igo
dc.subject	ECONOMIC GROWTH
dc.subject	WELL-BEING
dc.title	Food Inflation in the Lao PDR	en
dc.title.subtitle	Trends, Drivers, and Impacts - Policy Note	en
dc.type	Policy Note
dspace.entity.type	Publication
okr.date.disclosure	2025-01-07
okr.date.doiregistration	2025-04-14T11:50:41.544175Z
okr.date.lastmodified	2024-12-10T00:00:00Z	en
okr.doctype	Policy Note
okr.doctype	Economic & Sector Work
okr.docurl	http://documents.worldbank.org/curated/en/099112924001525670/P50069215f19bb0b219a5417596c5bd96c9
okr.guid	099112924001525670
okr.identifier.docmid	P500692-5f19bb1a-29bc-43b2-9a54-7596c5bd96c9
okr.identifier.externaldocumentum	34429745
okr.identifier.internaldocumentum	34429745
okr.identifier.report	195213
okr.import.id	6230
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/099112924001525670/pdf/P50069215f19bb0b219a5417596c5bd96c9.pdf	en
okr.region.administrative	East Asia and Pacific
okr.region.country	Lao People's Democratic Republic
okr.topic	Agriculture::Agribusiness
okr.topic	Agriculture::Food Security
okr.topic	Macroeconomics and Economic Growth::Inflation
okr.topic	Macroeconomics and Economic Growth::Econometrics
okr.unit	EFI-EAP-POV-Poverty and Equity (EEAPV)