Food prices take retail inflation to 3.9% in May
ECONOMY – INDICATORS
13 JUNE 2026
- Retail inflation, as measured by the Consumer Price Index (CPI), increased to 3.9% in May 2026 as food prices rose, according to data from the Ministry of Statistics and Programme Implementation released.
- The inflation rate was 3.5% in April 2026.
- Retail prices moved at the fastest pace since January 2025, when the index increased 4.06%, making the May figure the highest in 16 months.
- Several food staples saw a faster rate of inflation or slowing rate of deflation.
- Housing, water, electricity, gas and other fuels inflation — the second largest group of items constituting 17.6% of the retail basket — quickened to 1.73% in May, from 1.71% a month before.
