A 50% decrease was posted in the monthly rate of change of the Consumer Price Index (CPI) in May 2015 to 0.4% against 0.8% in May 2014, Lotfi Khedir, adviser at the Ministry of Commerce told Africanmanager.
The official added that this decline is due mainly to the preservation of electricity tariffs, water and hydrocarbons, but also to the decline in vegetable (-0.2% against 2.7%), fruit (-0.3% against 1.7%) and meat (-0.4% against 0.4%) prices.
He attributed, in this context, the rate of monthly change of the CPI in May (0.4%) compared to April of this year (0.6%) mainly to the decline in prices of the clothing group (1.9% against 5.5%), meat (0.4% against 0.8%) and communication services (1%).
Lotfi Khedir has further stated that the rate of inflation reached 5.3% in May, down 0.4 points. This is the lowest rate recorded since the beginning of the year impacted by the collapse of food group by 0.9 points to 6.2%, according to him.
