Consumer Price Indices and Inflation Rates – May 2026
About Report
Statistical Releases
CPI and Inflation Rates
January
2026
Overview
Annual consumer price inflation as measured by the Consumer Price Index (CPI) was 6.7 per cent in May 2026. This implies that the general price level was 6.7 per cent higher in May 2026 than it was in May 2025. The price increase was primarily driven by a rise in prices of items in the Food and Non-Alcoholic Beverages (9.4%); Transport (16.5%), and Housing, Water, Electricity, Gas and other fuels (3.4%) over the one-year period. These three divisions together account for over 57 per cent of the total weight across the 13 major expenditure categories.