Inflation (YoY) in May 2022 was recorded at 3,55% or increased by 1,88% compared to annual inflation in May 2021. This inflation rate was the highest inflation since December 2017 which was recorded at 3,61%. The strengthening of inflation in May 2022 was caused by the strengthening of volatile goods prices and price components regulated by the government. Core inflation was recorded at 2,58% (YoY), a decrease of 0.02% compared to the previous month.
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