Overall consumer prices rose 1.2% in May year-on-year, slightly up from the 1.1% increase in April.

Netting out the effects of the Government’s one-off relief measures, underlying inflation was 1%, also slightly higher than the 0.9% increase in April.

Compared with May last year, price increases were seen in the following categories: alcoholic drinks and tobacco; meals out and takeaway food; transport; miscellaneous services; miscellaneous goods; clothing and footwear; and housing.

On the other hand, year-on-year decreases were recorded for electricity, gas and water, as well as durable goods.

Date: 2024.06.21