PHNOM PENH, May 3, 2010 (Xinhua) -- Inflation reached almost 7 percent in March as petrol prices in Cambodia rocketed up 38.5 percent over last 12 months, local media reported on Monday, citing new statistics.
The Phnom Penh Post quoted the monthly Consumer Price Index ( CPI), released by the National Institute of Statistics on Saturday, as saying that inflation stood at 6.7 percent in March this year, compared with a year earlier.
Although this is lower than the 7.3 percent annualized inflation seen in February, the report states that the month-on- month rate increased to 0.7 percent in March from 0.2 percent in February.
No comments:
Post a Comment