In May, cost rose at a faster pace for: household durables & services (0.8 percent from 0.7 percent), mainly due to a 1.7 percent growth in household services & supplies; healthcare (2.3 percent from 2 percent), largely due to a 0.6 percent gain in medical products, appliances & equipment and a 2.8 percent increase in medical & dental treatment; recreation & culture (1.2 percent from 0.7 percent), driven by a 0.5 percent rise in recreation & entertainment, a 0.1 percent increase in newspapers an entertainment, and a 2.5 percent gain in holiday expenses; and miscellaneous goods & services (1.1 percent from 0.5 percent), mainly driven by a 5.7 percent rise in alcoholic beverages & tobacco and a 0.4 percent rise in other miscellaneous expenditure.
Meanwhile, cost of transport was flat, compared to a 0.7 percent fall in a month earlier, due to a 0.1 percent rise in private road transport and a 1.1 percent fall in public road transport. In addition, cost fell less for: housing & utilities (-2 percent from -2.3 percent, mainly due to a 3.2 percent drop in accomodation); and communication (-0.8 percent from -1.3 percent). On the other hand, inflation was steady for education (at 2.9 percent), due to a 3 percent rise in tuition & other fees and a 0.3 percent gain in school textbooks & related study guides.
Prices of food increased 1.3 percent, after a 1.4 percent rise in April. Among food excluding food servicing services, cost went up for: bread & cereals (1 percent); meat (0.1 percent); fish and seafood (1.8 percent); milk, cheese & eggs (1.3 percent); oils & fats (3.4 percent); sugar, preserves & confectionery (0.3 percent); other food (2.3 percent); non-alcoholic beverages (1.3 percent); while fell for vegetables (-1.1 percent). Among food servicing services, prices advanced for all categories: restaurant foods (0.7 percent); fast food (0.1 percent); hawker food including food courts (1.6 percent), and catered food (0.3 percent).
Core consumer prices which exclude costs of accommodation and private road transport, increased by 1.5 percent, following a 1.3 percent gain in April and slightly above expectations of 1.4 percent.
On a month-on-month basis, consumer prices went up by 0.6 percent, compared to a 0.5 percent fall in a month earlier. It is the highest monthly figure since November last year.