Pchum Ben: A drop in sales and a rise in prices

[geovalin]

Pchum Ben Festival has now begun and Phnom Penh market stalls have seen a drop in sales for clothing and kitchenware, causing a rise in prices. Pchum Ben – Ancestors’ Day – is the biggest religious festival for Cambodian Buddhists to pray for their dearly departed relatives.

 

The whole ceremony takes up 15 days and this year’s Pchum Ben runs between Sept 3 and 18 with the public holidays being Sept 16, 17 and 18. The festivities involve families dressing up and going to their usual family pagoda to pray and give food.

 

Because of this, businesses usually look forward to this holiday because people will come to buy new clothing and kitchenware to use over the festival. However, shop owners at both Orrusey Market and Central Market reported a drop in sales this year. Eight shopkeepers said they have seen a decrease in sales so have had to raise their prices slightly.

 

read more https://www.khmertimeskh.com/50761984/pchum-ben-a-drop-in-sales-and-a-rise-in-prices/

[klauskunkel]

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A drop in sales and a rise in prices

So that's how this economy thing works, huh...?!