News

Inflation rises to 7.4 percent

Inflation is expected to soar to 7.4 percent in Q2 2022, from 2.8 percent last year, raising fears that it will seriously impact the livelihoods of the country’s most vulnerable. ...

Seng Mengheng
https://kiripost.com/stories/inflation-rises-to-74-percent

Inflation nears 8 percent, riel depreciates, trade deficit narrows in June

Cambodia’s inflation has risen to 7.85 percent in June 2022 compared on a year-on-year basis to 7.17 percent the previous month, which was the highest in the last decade, while the value of Riel has fallen 0.07 percent to 4,091 riel per US dollar and ...

Kang Sothear
https://www.khmertimeskh.com/501166675/inflation-nears-8-percent-riel-depreciates-trade-deficit-narrows-in-june/

Cash scheme to decrease inflation burden

The government will launch a social protection scheme to give cash to those impacted by rising inflation. ...

Mao Sreypich
https://kiripost.com/stories/cash-scheme-to-decrease-inflation-burden

H2 inflation to fall below 5%: NBC boss

Average year-on-year inflation for the second half (H2) of 2022 will fall below five per cent, on the back of improvements in economic activity, as gross domestic product (GDP) grows around five per cent over the period, National Bank of Cambodia (NBC) governor Chea Chanto ...

May Kunmakara
https://www.phnompenhpost.com/business/h2-inflation-fall-below-5-nbc-boss

Inflation predicted to fall below five percent

Inflation remains under control and is predicted to drop below five percent as banking and financial institutes continue to aid post-pandemic economic recovery, says the National Bank of Cambodia. ...

Prak Chan Thul
https://kiripost.com/stories/inflation-predicted-to-fall-below-five-percent

Inflation in Kingdom expected to drop to 3.2 pct

In the second half of 2022, inflation rate is forecasted to decline to 3.2 percent after rising to 6.5 percent in the first half of this year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501124651/inflation-in-kingdom-expected-to-drop-to-3-2-pct/

May records decade’s highest inflation in Cambodia

Inflation rose to 7.2 percent in May this year in the country, the highest in the last decade, the National Bank of Cambodia (NBC) said yesterday, adding that it has unleashed a set of measures to control the inflationary pressures and protect the purchasing power ...

Chea Vanyuth
https://www.khmertimeskh.com/501116556/may-records-decades-highest-inflation-in-cambodia/

Government may approve $5.86b for next year’s budget

The cabinet will hold a debate on Friday and is expected to approve the 2018 budget of $5.86 billion, an increase of 16.2 percent from last year’s $5.04 billion, according to a government document seen by Khmer Times yesterday. ...

Khmer Times staff
http://www.khmertimeskh.com/5087902/government-may-approve-5-86b-next-years-budget/

March inflation rate rises to 4.3 percent

Although growth in Cambodia’s consumer price index (CPI) went up by 4.3 percent year-on-year in March, according to latest figures from the National Institute of Statistics, an expert maintains that the increase in cost of living will have minimal effect on the lives of Cambodians. ...

May Kunmakara
http://www.khmertimeskh.com/news/39611/march-inflation-rate-rises-to-4-3-percent/

PM: Cambodia on track for high-income status

Extolling forecasts that Cambodia’s economy will maintain its 7 percent growth rate this year, Prime Minister Hun Sen yesterday reiterated a past prediction that the country would reach upper-middle income status by 2030 and become a high-income country in 2050 – though one expert said ...

Touch Sokha
http://www.phnompenhpost.com/national/pm-cambodia-track-high-income-status

Small rise in Kingdom’s February inflation

Cambodia saw a 1.7 per cent rise in inflation in February compared with the same month the previous year. Prices of food and fuel rose, according to official data from the National Institute of Statistics (NIS). “The increase for all index group of a 1.7 per ...

http://www.phnompenhpost.com/2013042365161/Business/small-rise-in-kingdom-s-february-inflation.html

Cambodia's economy to grow by 7.2 pct in 2013, stronger in 2014: ADB

Cambodia’s economic growth is forecast at 7.2 percent in 2013, picking up to 7.5 percent next year as recovery in Europe and the United States takes hold, according to the Asian Development Bank’s annual economic outlook released on Tuesday. The United States and Europe are the ...

http://news.xinhuanet.com/english/business/2013-04/09/c_132295116.htm

Inflation rose by 1.8 per cent in January

Inflation in the Kingdom increased by 1.8 per cent in January compared with the same period the year before. Higher costs for food and fuel were the main drivers, official data from the National Institute of Statistics (NIS) show. Khin Song, deputy director general of the ...

http://www.phnompenhpost.com/2013032264619/Business/inflation-rose-by-1-8-per-cent-in-january.html

Cambodia’s Economic Growth Will Help Poverty Reduction

Cambodia economic growth was 7.3 percent in 2012. Agriculture grew by 4.3 percent, crops by 4.9 percent, fisheries by 6.7 percent, industry by 9.2 percent, garment [sector] by 6.9 percent and the service industry by 8.1 percent, said Dr Hang Chuon Naron, Secretary of State ...

http://thesoutheastasiaweekly.com/

Construction costs low, but could rise

Construction costs in the Kingdom have increased only 1.36 per cent year-on-year, compared to Cambodia’s inflation rate, which is projected at 3.5 per cent for 2012, according to a new report from global estate agents CBRE. The company says the minimal increase is due to the ...

http://www.phnompenhpost.com/2013030761790/Real-Estate/construction-costs-low-but-could-rise.html

Food, beverage imports rise

Cambodia spent about $200 million on food and beverage imports to supply the domestic market last year – an increase of more than 10 per cent from the previous year, official data from the Ministry of Commerce show. Government officials and representatives of the private sector ...

http://www.phnompenhpost.com/2013021361334/Business/food-beverage-imports-rise.html

Cambodia's inflation rate fell to 3 per cent in 2012

Cambodia’s inflation rate fell to an annual three per cent last year, down from 4.9 per cent a year earlier, according to data from the National Bank of Cambodia released in late January. Chea Chanto, the bank’s governor, told an annual meeting in late January that ...

http://www.phnompenhpost.com/2013020761219/Business/cambodia-s-inflation-rate-fell-to-3-per-cent-in-2012.html

Cambodia's inflation increases by 1.6 pct in November

Cambodia’s inflation rate had increased by 1.6 percent in November 2012 if compared with November 2011 due to moderate increases in food and petroleum prices, according to the latest statistics of the National Institute of Statistics (NIS) on Tuesday. The statistics said the total consumer price ...

http://news.xinhuanet.com/english/business/2013-01/01/c_132075617.htm

Cambodia's inflation lower than 3 pct this year: PM

Cambodia’s inflation rate is expected to be less than 3 percent in 2012 thanks to stable food prices, Prime Minister Hun Sen said Friday. “This year, the inflation will be less than 3 percent, it is low and good if compared to 5.5 percent rate last ...

http://news.xinhuanet.com/english/business/2012-11/30/c_132010698.htm

CPI: cost of living falls slightly

The Kingdom’s consumer price index declined by 0.1 per cent in October for the first time in 2012 due to a decline in food and gasoline prices and a stable US dollar exchange rate, according to official data released by the National Institute of Statistics ...

http://www.phnompenhpost.com/index.php/2012112359895/Business/cpi-cost-of-living-falls-slightly.html

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