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The average CPI recorded in the first five months of the year rose by 4.03 per cent YoY.
Among the 11 main groups of consumer goods and services, a total of seven saw price hikes compared to the previous month, while three saw a price decline.
The core inflation in May soared by 0.15 per cent MoM and by 2.68 per cent YoY.
On an average, core inflation in January to May grew by 2.78 per cent YoY—lower than the CPI average.
Fibre2Fashion News Desk (DS)
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
