Logo of Phnom Penh Post newspaper Phnom Penh Post - Inflation rose by 1.8 per cent in January

Inflation rose by 1.8 per cent in January

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 NIS, told the Post in February that Cambodia’s inflation is low due to rising local production, the stabilisation of the local currency and the low inflation rates of neighbouring countries.

The NIS’s data show that the prices for food and non-alcoholic beverages rose by 1.3 per cent. The price of clothing and footwear increased by 4.5 per cent.

Costs for housing, water, electricity, gas and other fuels increased by 2.5 per cent. Gasoline prices jumped by around 4.5 per cent.

Between December and January, the inflation rose just 0.3 per cent, according to the data.

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