The cost of living increased slightly in May to highs seen in March on account of the increase in fuel costs. The transport index for instance marked a 0.69 per cent increase after a 2.87 per cent rise in petrol pump prices on May 14. At the same time, the food index increased by 0.32 per cent as some food items marked increase in price. Among the food items marking increased prices in the past month include onions, sukumawiki, cabbages, tomatoes and beef. Housing and energy costs meanwhile eased by 0.15 per cent from a decrease in the prices of charcoal and electricity.

Source: The Star May 31, 2021 15:11 UTC