Inflation slows to only 2% says NIS
Cambodia’s inflation rose by 2.2 per cent in August compared to the same month last year, according to the monthly data from the National Institute of Statistics. The increase was due to the rise in food and the fluctuation of gasoline prices. Government officials and economists said the slowdown of Cambodia’s inflation is due to the sound and stabilised macro-economy. They said the country’s inflation is very low compared to other countries in the region. … Economic minister Keat Chhon said the uncertainty in the EU, US and Chinese economies and the threat of floods are factors that could push up the inflationary rate in the upcoming months. …
