| Inflation rise marginally in May |
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| Wednesday,June 20,2007 Posted: 20:38 BJT(38 GMT) BoB |
In May, headline inflation as measured by the Consumer Price Index (CPI) was 6.4 percent, a marginal increase (0.1 percent) from 6.3 percent in April. Month-on-month, the index increased by 1.1 percent, with notable upward movements in food and non-alcoholic beverages (2.0 percent), clothing and footwear (2.0 percent), transport (1.1 percent) and restaurants and hotels (2.0 percent). By tradeability, inflation increased from 6.8 percent to 7.0 percent in the tradeable category, but remained at 4.5 percent for non-tradable goods and services.
The trimmed mean measure of core inflation was 5.9 percent in May, up 0.4 percent from 5.5 percent. Using the measure that excluded administered prices, inflation also rose by 0.4 percent, from 6.1 percent in April to 6.5 percent.
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