Sep 18, 2011
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Production Price Rise but Economists Feel Optimistic
Cambodia’s consumer price index rose 5% every year, according to data from National Institute of Statistics. However, experts remained positive given the Kingdom’s improving economy and surging global fuel price. “We are not concerned. It is manageable as what we expected,” said Chan Sophal, president of the Cambodian Economic Association. “Whenever the country’s economy is growing, it will push the price of goods up. That is why we see the product prices at advanced economic countries are high,” he added.
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