YEAR-ON-YEAR INFLATION RATES

The Inflation Rate for the Bottom 30% Income Households for May 2021 dropped by 5.1% from 5.4% in April 2021. Transport had the highest inflation rate among the commodity groups at 36.3% sustaining a double digit figure from 35.8% in April 2021. Higher inflation was noted in Housing, Water, Electricity, Gas, and Other Fuels (from 2.0% to 2.6%), Health (from 1.6% to 1.8%), and Recreation and Culture (from 0.0% to 0.2%).

In contrast, price slowdowns was recorded in Food and Non-Alcoholic Beverages (from 3.0% to 2.8%), Alcoholic Beverages and Tobacco (from 16.3% to 15.0%), Furnishing, Household Equipment and Routine Maintenance of the House (from 1.2% to 1.0%), Communication (from 1.4% to 1.1%), and Restaurant and Miscellaneous Goods and Services (from 6.4% to 6.1%). Sustained price hikes were noted in Clothing and Footwear at 2.3% and Education 0.3%.