PHNOM PENH (AFP) - Cambodia’s inflation hit a record high of 22 percent in July, a government minister said Tuesday.
Planning Minister Chhay Than said high global prices of oil and food were to blame for the soaring rate.
“For July, the inflation rate was 22 percent. We can say that this is a record high,” Chhay […]
PHNOM PENH (Reuters) - The price of rat meat has quadrupled in Cambodia this year as inflation has put other meat beyond the reach of poor people, officials said on Wednesday.
With consumer price inflation at 37 percent according to the latest central bank estimate, demand has pushed a kilogram of rat meat up to […]
Fuel price does not discourage the demand of motorcycles in Cambodia. Theoretically, the higher the price, the lower the demand. But the demand for motorcycle does not depend on the higher price of fuel because it is an inelastic demand. In the short run, it is not expected that motorcycle consumers will reduce their demand. […]
