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Thursday, 28 May 2009

Inflation Statistics - May 2009

The annual rate of inflation, as measured by the all items Consumer Price Index (CPI), increased by 0.4 percentage points from 14.3 percent in March 2009 to 14.7 percent in April 2009. The increase in the annual inflation rate in  MY 2009 was mainly attributed to increases in the prices of food and non-food products. The Government remains confident that its inflation (10%) and GDP (5.8%) targets are on course. 
CSO May 2009 CPI Press Release

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