Cambodia’s consumer prices decline
Consumer prices decreased month-on-month in May for the first time since statistics were available, Cambodia’s National Institute of Statistics (NIS) data showed.
The 1.1 per cent drop, driven largely by lower food and gasoline prices, would be a relief to businesses and shoppers after a period of sustained inflation – as high as 18 per cent in February and March for commodities such as pork.
The downward trend runs parallel to inflation in some neighbouring countries. Year-on-year inflation, however, continued to rise in Cambodia last month. …
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