Transcribed
Cambodia - Monthly Inflation, Money supply and private sector credit
3.23.3 Monthly inflation Food Overall 10_ Jan Jul Jan Jul Jan Jul Dec 2010 2011 2012 Source: National Institute of Statistics (accessed 14 March 2013). 3.23.4 Money supply and private sector credit Money supply Private sector credit growth % of GDP %, year on year 60_ _40 45_ -30 30- _20 15. -10 2009 2010 2011 2012 Source: National Bank of Cambodia.
Cambodia - Monthly Inflation, Money supply and private sector credit
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Growth in the industry sector moderated from the previous year’s pace to just over 9% in 2012. Exports of garments and footwear to the
US, Cambodia’s top export market, fell by 1.8% to $2.6 billi...
on, though those to the European Union (EU) rose by 10.8% to $1.8 billion. Industry
sector growth was supported by a 5% increase in exports of milled rice to 187,000 tons, mostly to the EU. Construction accelerated as building
project approvals nearly doubled to $2.1 billion last year.
Agricultural production increased by an estimated 4%, despite floods in some provinces and dry weather in others. Output of crop production, mainly paddy rice, rose by 4.3%, and fishery yields increased by 6%.
A moderation in food prices brought down inflation from 5.8% in January 2012 to 2.6% in December (Figure 3.23.3). Food comprises 43% of the consumer price index. Year-average inflation decelerated to 2.9%.
The government continued to rein in its fiscal deficit, which had widened sharply in 2009 to 8.6% of GDP. The fiscal gap, excluding
grants, narrowed last year to an estimated 5.2% of GDP. Domestic revenue increased to 14.5% of GDP from 13.2% in the previous year, thanks to improved revenue collection and buoyant economic activity.
Government spending was contained at 19.7% of GDP, down from 20.7% in 2011. Income from external grants and concessional loans amounted to 5.8% of GDP, so the government was able to replenish its savings by
the equivalent of 0.6% of GDP after running down its deposits over the previous 3 years.
Source: National Institute of Statistics (accessed 14 March 2013) - http://www.nis.gov.kh/
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