The headline inflation rate accelerated to 1.5% yoy in April, from +1.3% in March and +1.2% in February.This was the fifth consecutive month of increase and the fastest so far this year, indicating that price pressure is building up although it is still not a major threat to the economy at this stage. Stronger growth was on account of a pick-up in food & non-alcohol beverage prices and a faster increase in the core inflation rate during the month.
Economic Highlights : Inflation Rate Edged Up To +1.5% Yoy In April - 21/05/2010
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