Inflation eases further at 5.26pc in May

The general point-to-point inflation rate declined slightly last month as it came down by 0.30 percentage point to 5.26pc.

“The general point-to-point inflation rate in May last came down by 0.30 percentage point to 5.26 percentage point,” said planning minister MA Mannan on Monday.

The decrease of general point to point inflation in May is good news and “we’re happy with that,” he added.

The planning minister revealed this while briefing reporters after the day’s ECNEC meeting.

The general point to point inflation rate was 5.56 percentage point in April, 2021.

The BBS data showed that the food inflation declined to 4.87 per cent in May from 5.57 per cent in the previous month, while the non-food inflation rate, increased slightly to 5.86 per cent last month from 5.55 per cent in April.