Consumer price index rises 0.16% in May

The office noted that the increases in commodities and services due to the high input raw materials and fuel pushing up the costs of production; the rise of petrol prices; and the expansion of electricity and domestic water prices are the main reasons augmenting the consumer price index (CPI).

The CPI in the first five months of this year inched up 1.29% over the same period last year.

The core inflation in May increased 0.15% against the last month and 0.82% year-on-year.

Domestic gold prices in May have fluctuated in the same direction as the world with rises of 1.68% month-on-month and 13.02% over the same period in 2020. The value of the US dollar was down 0,21% from the previous month and 11.5% year-on-year.