Overall year-on-year (annual) inflation rate as measured by the Consumer Price Index (CPI) was 7.1 per cent, in May 2022; an increase of from an inflation rate of 6.5 per cent recorded in April 2022. Monthly inflation rate for May 2022 was 0.8 per cent; a decline from a monthly inflation rate of 1.7 per cent recorded in April 2022. Read More
