National Bureau of Statistics Inflation rate rose by 12.40 percent in May 2020, up by 0.06 percent points higher than the 12.34 percent recorded in April 2020.
The consumer price index, (CPI) which measures inflation, released Wednesday by the National Bureau of Statistics (NBS), showed that price increases were recorded in all divisions that yielded the headline index.
“The percentage change in the average composite CPI for the twelve months period ending May 2020 over the average of the CPI for the previous twelve months period was 11.79 percent, showing 0.08 percent point from 11.71 percent recorded in April 2020.
Analysis showed that the composite food index rose by 15.04 percent year on year in May 2020 compared to 15.03 percent in April 2020.
”This rise in the food index was caused by increases in prices of Bread and cereals, Potatoes, Yam and other tubers, Oils and fats, Fruits, Fish and Meat”, NBS explained.
On month-on-month basis, the food sub-index increased by 1.42 percent in May 2020, up by 0.24 percent points from 1.18 percent recorded in April 2020. On the other hand, core inflation, which excludes the prices of volatile agricultural produce stood at 10.12 percent in May 2020, up by 0.14 percent when compared with 9.98 percent recorded in April 2020.
On month-on-month basis, the core sub-index increased by 0.88 percent in May 2020. This was down by 0.05 percent when compared with 0.93 percent recorded in April 2020.
”The highest increases were recorded in prices of pharmaceutical products, medical services, repair of furniture, hospital services, passenger transport by road, motor car, bicycles, maintenance and repair of personal transport equipment, passenger transport by sea and inland waterways, paramedical services, motorcycles and hairdressing salons and personal grooming establishment,” NBS stated.
continue reading you can find out more 6466087
look these up additional resources 6809285
read this post here try this out 2450157
click for source latest blog post 8953172
browse around this web-site over at this website 8193967
important source read this 9431418
more about the author this site 1549960
click to find out more find out more 3199747
this article advice 1505143
continue find out here 1841608
from this source find out here 4879417
get the facts check over here 8597786
informative post useful source 474772
additional reading from this source 9635870
you can look here look at this now 7504168
go click here for more info 9388634
see it here helpful hints 4249259
article source full article 678232
look at here now visite site 5954308
click to investigate see it here 6405441
you can try here web link 9518465
the original source hop over to this web-site 6418827
visit this page navigate to this website 6529538
learn more here here 1478153
discover this click this link here now 2921458
this post explanation 9356019
review click this link 8209067
navigate to this web-site you could try here 2412215
more info click here to read 9830784
visit this web-site he has a good point 5730946
useful site view website 9859081
find out useful source 1438819
visit website article source 9877222
investigate this site discover here 4567875
navigate to this website click to read more 2132760
visit our website click to read more 6315428
look at more info why not check here 3547053
see it here important site 7718156
This post is worth saving and periodically rereading so as not to forget important truths https://jtbdk.alexey-petrovich-sitnikov.ru/id-3596.html
It is very important that such posts appear that make you think about serious things https://dilts.g-u.su
In the modern world, we increasingly have to deal with exactly such situations, I absolutely agree with the author https://r2f.ru
Very accurately noted all the main problems that modern society faces https://r2f.ru