AMRO Forecasts Positive Growth with Low Inflation Rate in Cambodia

The ASEAN+3 Macro Economic Research Office (AMRO) has recently shared Cambodia's positive trend of the economic growth with low inflation rate.

According to AMRO's ASEAN+3 Regional Economic Outlook 2020, the Cambodian GDP will grow at 7.0 percent while the inflation rate will drop from 2.5 in 2019 to 2.1 percent in 2020.

Cambodia's economic growth expectation for this year is slightly lower than that of Myanmar (7.1 percent). For the inflation rate, Cambodia will be better than China, Hong Kong, Indonesia, Laos, Myanmar, the Philippines, and Vietnam.

Source: Agency Kampuchea Press