Cambodia's inflation continues falling in May

Xinhua | 2012-6-25 14:55:24
By Agencies


Cambodia's inflation rate had decelerated to 3.7 percent in May this year, down from 4.8 percent and 5.4 percent in April and March respectively, according to the latest statistics of the National Institute of Statistics (NIS) on Monday.

From April to May 2012, prices for food, rice, and fresh fish and seafood decreased by 0.8 percent, 1.5 percent and 3.3 percent respectively. Prices for pork and fruit dropped by 1.7 percent and 1.7 percent respectively, and price for gasoline declined by 5 percent.

Gasoline prices in Cambodia have continued falling to 1.25 US dollars a liter on Monday, down 11 percent from 1.41 US dollars in early May.

Cambodia predicts that the inflation rate is around 5 percent this year, down from 5.5 percent last year.