Ecnec meeting.
Inflation declines to 5.26 in May
The inflation rate declined by 0.30 percent in May, 2021 as it came down to 5.26 percent from 5.56 percent in April 2021.
“The general point-to-point inflation rate in May 2021 fell to 5.26 percentage point,” said Planning Minister MA Mannan on Tuesday while briefing reporters after the Ecnec meeting.
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He said the inflation rate decreased by 0.30 percent. “It’s good news. We’re happy,” he added.
The food inflation declined to 4.87 percent in May, 2021 from 5.57 percent in the previous month, according to the BBS data provided during the press briefing.
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However, the non-food inflation rate went up slightly to 5.86 percent last month from 5.55 percent in April, 2021.
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