Consumer prices in the Maldives rose 4.55 percent in May year-on-year, driven by electricity prices climbing nearly 13% and gains in food items, according to National Bureau of Statistics CPI data. Prices increased 0.48% from April, while vegetable prices fell by more than 1.5%.
Tracked more than 1.5% Food pricesnearly 13% Electricity and water tariffs
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Consumer prices in the Maldives rose 4.55 percent in May compared to the same month last year, according to data from the National Bureau of Statistics.
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The Consumer Price Index (CPI) showed a 0.48% increase in prices from April, reflecting sustained inflationary pressure across the country.
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Electricity prices recorded the largest year-on-year increase, climbing nearly 13%, while food items such as fruit, seafood and dairy products also posted modest gains.
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Vegetable prices fell by more than 1.5% in May, while the cost of fish, mobile services and water supply also edged lower.
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