Thursday, October 28, 2010

Cambodia's inflation in first 9 months stands 4.21 pct

PHNOM PENH, Oct. 27, 2010 (Xinhua) -- The Consumer Price Index (CPI) in Cambodia stood at 4.21 percent in first nine months of this year compared to the same period last year, according to the statistics released by the National Institute of Statistics on Wednesday.

"The main increase for all index group to 4.21 percent of inflation from January to September, 2010, was due to the group of food and non-alcoholic beverages which rose 4 percent as rice and meat were up 2.6 percent, vegetables grew by 6.5 percent, electricity, gas and other fuels were up 7.6 percent, gasoline was up 25 percent, and transport went up 8.1 percent," the report recorded.

The report showed that the inflation rose 1.4 percent on quarter-on-quarter comparison.

In recent weeks, the Asian Development Bank, International Monetary Fund and World Bank have forecast Cambodia's inflation at 4 percent, 4.5 percent and 5 percent respectively.

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