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The Financial Express

Inflation declines to 5.26pc in May


Inflation declines to 5.26pc in May

The inflation rate declined by 0.30 per cent in May as it came down to 5.26 per cent from 5.56 per cent in April.

 “The general point-to-point inflation rate in May fell to 5.26 percentage point,” said Planning Minister MA Mannan on Tuesday while briefing reporters after the Ecnec meeting, reports UNB.

He said the inflation rate decreased by 0.30 per cent.  “It’s good news. We’re happy,” he added.

The food inflation declined to 4.87 per cent in May from 5.57 per cent in the previous month, according to the BBS data provided during the press briefing.

However, the non-food inflation rate went up slightly to 5.86 per cent last month from 5.55 per cent in April 2021. 

 

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