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Ministry of Finance, Statistical Service

Latest Figures: Consumer Price Index, May 2009

The Consumer Price Index for May 2009, increased by 0,82 units or 0,74% to 110,89 units compared to 110,07 in April 2009. This is mainly due to increases in the prices of certain fresh fruit, petroleum products, certain clothing items and water rates. Decreases have been recorded in the prices of certain fresh vegetables, the purchase of motor-cars, electricity and potatoes.

The rate of increase of the Index and therefore the rate of inflation for May 2009 fell to 0,6% compared to 0,7% in April 2009 and 4,9% in May 2008.

For the period January-May 2009, the CPI recorded an increase of 0,8% compared to the corresponding period of 2008.

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