Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Cambodia’s inflation up over 5% in February

Cambodia’s inflation up over 5% in February

Prices in Cambodia rose 5.4 per cent year-on-year in February, as fuel costs continued to push inflation higher, according to data from the National Institute of Statistics released yesterday.

Foodstuffs, however, saw declines following demand that was driven by Chinese New Year, though paddy prices were still high.

The increase in inflation from January was just 0.4 per cent, the NIS reported.

Earlier this week, Minister of Economy and Finance Keat Chhon called on consumers to limit their gasoline consumption as the best method of dealing with the high costs, until those costs subsided.

The gasoline price rose to US$1.44 a litre for gold this week from $1.33 on December 31, a jump of 8.3 per cent, according to Ministry of Commerce statistics.

0

Comments

Please, login or register to post a comment

Latest Video

Phnom Penh eats: Homegrown veggies at Bayon Beoung Snor

​Nestled along National Road 1, Bayon Beoung Snor is a farm-cum-restaurant. The team grows their own vegetables, which they then use to whip up traditional Khmer food.

Bill Clough reflects on The Phnom Penh Post's 25 year history

The Post's publisher Bill Clough, under whose leadership the publication went from a fortnightly to a daily one, discusses his investment in Cambodia, his vision for the paper in an increasingly digital age,

People search for their names on the voter lists at a polling station in Kampong Cham’s Veal Vong commune earlier this month.

Four years ago, when the opposition snatched Kampong Cham away from the ruling party in 2013 national elections, it hinted at a deeper shift taking

Comfrel Executive Director Koul Panha speaks to the press at a meeting yesterday in Phnom Penh.

As the National Election Committee launched into the recount proc