Cambodian consumer inflation rises 2.5% in H1

Photo courtesy of The Phnom Penh Post/Asian News Network.

PHNOM PENH, July 12 (Phnom Penh Post/ANN): Cambodia registered a remarkably sound consumer inflation rate of 2.5 per cent in the first half (H1) of this year by virtue of the slow rise in food prices, slipping petrol rates and stabilisation of local currency against the US dollar, the National Bank of Cambodia (NBC) said in its semi-annual report.

The central bank said the increase in prices for foodstuffs was driven down to four per cent from the beginning of the year by Covid-19 disruptions to goods transport.