Published:
CPI up 4.5% in May 2011
Blame it on higher costs of housing, transport and food.
According to the Department of Statistics, housing cost rose by 8.1 percent compared with May 2010, as a result of higher accommodation costs and electricity tariffs.
Meanwhile higher prices of cars and petrol contributed to a 7.5 percent increase in transport cost.
Food prices went up by 2.8 percent, as a result of dearer prepared meals, seafood, meat & poultry, dairy products & egg as well as vegetables.
The consumer price index in January-May 2011 moved up by 4.9 percent compared with the same period last year.
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