Cambodia International Political Economy

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Inflation Drops by 2.9 Percent in Cambodian Economy

September 14th, 2009 · No Comments

Inflation in the Cambodian economy dropped by 2.9 percent in August according to Xinhua.

Gradual declines in Cambodian inflation is welcome by the Cambodian government as the inflation rate in the Cambodian economy hit a record high of 25.7 percent in May of last year.

Key drivers of the stabilization in Cambodia inflation rate are a decline in global food and oil prices.

Tags: Cambodia Economy

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