Saturday, 31 May 2014 00:00
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Reuters: Inflation eased to 3.2% in May from a year earlier, edging down from 4.9% the previous month, the State-run Department of Census and Statistics said on Friday.
The annual inflation rate in May was at a 27-month low.
Annual average inflation, measured on a 12-month moving basis, fell to a 44-month low of 5.3% in May from 5.6% a month earlier. It hit a record high of 8.8% in May 2013.
