Cambodia's July Inflation Hits 5.5% as Food and Housing Costs Rise

The latest data from Cambodia's National Institute of Statistics shows that national price levels in July remained higher than the same period last year, with Phnom Penh's Consumer Price Index (CPI) at 219.1 points, a year-on-year increase of 5.5%, but down 0.7% from June, indicating a slight easing in short-term price growth.

Looking at major consumption categories, food and non-alcoholic beverages rose by 6.6% year-on-year, housing, water, electricity, gas, and other fuels by 7.3%, and clothing and footwear by 6.8%, all exceeding the overall inflation rate. Among these, food and non-alcoholic beverages account for about 44.78% of the CPI consumption basket, while housing and energy make up about 17.08%, with the two combined exceeding 60%, indicating that price changes have a significant impact on residents' daily expenses.

Transportation prices rose by 2.1% year-on-year but fell by 3.1% month-on-month; food decreased by 0.7% month-on-month, and housing and energy by 0.3%. Additionally, categories such as recreation, culture, miscellaneous goods, and services all saw year-on-year increases.
Analysts point out that although prices fell month-on-month in July, major living costs such as food, housing, and energy remain at high levels, and the future price trend is still worth watching.