Figures Reveal Inflation Increase
CAMBODIA’S prices were 7 percent higher at the end of June compared to the month in 2010, according to National Institute of Statistics official Sim Ly yesterday. Although the organisation was still preparing to release the official figures, Sim Ly said the figures would also show a month-on-month increase from May to June of about half a percent. “It’s not too bad [a level] for us,” he said, “It’s just seasonal effects.” The increase in Cambodia’s prices was caused mainly by increases in oil and food costs globally, he said. Some experts said they were concerned particularly about possible food inflation in the Kingdom.
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