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AVI ECONOMY AND FINANCE WEEKLY NEWS DIGEST

ISSUE : 2023
No : 43
Release : 13 - 22 September 2023
By : VANNAK Setheavin

Content:

1. August core inflation, excluding food and energy, rose 0.3%, hotter than expected.
2. China leaves benchmark lending rates unchanged in September.
3. Cambodia continues selling US dollars to stabilise exchange rates.
4. ADB revised down Cambodia’s GDP to 5.3 percent for 2023.
5. Energy tariffs cut for industrial, agri sectors.
6. Construction projects worth $3B approved in 7 months.
7. Credit card losses are rising at the fastest pace since the Great Financial Crisis.
8. UK recession risk grows as higher interest rates weigh on firms.