Consumer Prices for May 2017
Year:2017 ISSUE:12
COLUMN:ECONOMY AND BUSINESS
Click:285    DateTime:Jul.07,2017
Consumer Prices for May 2017

In May 2017, the consumer price index (CPI) went up by 1.5 percent year-on-year. The prices grew by 1.7 percent in cities and 1.1 percent in rural areas. The food prices went down by 1.6 percent, and the non-food prices decreased 2.3 percent. The prices of consumer goods went up by 0.7 percent and the prices of services grew by 2.9 percent. On average from January to May, the overall consumer prices were up by 1.4 percent from the same period of the previous year.
In May, the consumer prices decreased 0.1 percent month-on-month. Of which, prices decreased 0.1 percent both in cities and rural areas. The food prices went down by 0.7 percent, and the non-food prices remained at the same level. The prices of consumer goods decreased 0.2 percent, and the prices of services increased 0.1 percent.