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Djibouti inflation rises to 5.2pc year/year in May
DJIBOUTI : Consumer prices in Djibouti rose 5.2 percent in May from the same month last year, up from an annual inflat
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DJIBOUTI: Consumer prices in Djibouti rose 5.2 percent in May from the same month last year, up from an annual inflation rate of 4.9 percent in April, driven by higher food and fuel prices, official data showed on Saturday.
Prices increased 0.5 percent on month in May, the data showed.
The Statistics and Demographic Studies Directorate said food costs rose 0.7 percent, while electricity, gas and other fuels jumped 1.3 percent due to a rise in the price of kerosene.
Inflation rates have also risen in Djibouti's neighbours due to more expensive food and fuel.
Copyright Reuters, 2011
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