Monday, February 22, 2010

Inflation stagnant, but fuel costs raise pressure

By May Kunmakara

Phnom Penh Post

PRICES for consumer goods remained stagnant last month compared to December, but climbed 6.9 percent on January 2009 as a result of rising fuel prices.

Figures from the National Institute of Statistics (NIS) showed that food prices continued to slide month on month – by 0.2 percent in January.

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Photo by: SOVAN PHILONG Forecourt attendants wait for customers on January 28 at a petrol station on Monivong Boulevard in Phnom Penh. Fuel prices have slowly risen in the past year, contributing significantly to year-on-year inflation of 6.9 percent last month.

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