The General Statistics Office (GSO) has reported that the Consumer Price Index (CPI) for May rose 0.05 per cent against April. Compared to the December figure, the May CPI was 1.24 per cent higher and also up 4.44 per cent year-on-year. This represents the highest annual increase since January 2023. The CPI in the first five months of 2024, meanwhile, increased 4.03 per cent compared to the same period last year.
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