Inflation eases to 6.19 per cent in May

The inflation rate in the country witnessed a downtrend after its increase for the last three consecutive months as it reached 6.19 per cent in May, 2015 down from 6.32 per cent in April.
"The inflation rate in May declined to 6.19 percentage point, down from 6.32 percentage point in April," Planning Minister AHM Mustafa Kamal said while unveiling the monthly consumer price index through his 'Meet-the-Press' at the NEC conference room on Wednesday.
The general inflation rate in March this year was 6.27 per cent.
Kamal said the main reason behind the slight fall in the inflation rate last month was due to the declining trend of price of all sorts of goods and items in the international market, including that of fuel price, a news agency report said.
He also added that there is no such crisis of food and non-food items ahead of Ramadan despite the announcement of the new budget.
"Besides, there’s no mismatch in demand and the supply sides which could also be a reason behind the inflation downtrend."