Against expectations from analysts, inflation rate did not decrease in May. Consumer prices even increased by 8.7% as in April compared to the same month in the previous year. Experts had forecasted a fall back to 8.4%, but costs of living even rose by 0.7% compared to the previous month.

The core inflation, a more reliable indicator regarding real price trend, has even increased by 0.3% from 6.8 to 7.1 % in May which represents the highest rate since March 1992.

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