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Old Oct 16, 2008 | 4:22 am
  #133  
Michael
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Join Date: Sep 2003
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By the way, those now heading to REP and elsewhere in Cambodia may wish to note that inflation has been brutal this year. Year-on-year inflation is officially calculated around 22%, though there is much discussion that this number has been kept low for political reasons (the government stopped publishing inflation figures for a few months prior to the national elections in July, and then pulled the new CPI formula and reverted to the older one which gave a lower rate). Some knowledgeable observers are saying that the 12-month inflation rate is probably more in the range of 33%.

In other words, prices are going up, and they're not what they used to be. But Cambodia is still a great deal and a wonderful place to visit.

Michael
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