Wednesday June 21 2017
Cape Verde Inflation Rate at 0.30 percent
Consumer prices in Cape Verde increased 0.3 percent year-on-year in May of 2017, the same pace as in the previous month. Prices rose less for miscellaneous goods and services (2.1 percent vs 2.3 percent in April), furniture and household equipment (1.2 percent vs 1.3 percent) and recreation and culture (1.6 percent vs 2.6 percent). In addition, cost fell for restaurants and hotels ( -0.1 percent vs 0.1 percent), food and non-alcoholic beverages (-0.9 percent vs -1 percent) and housing, rents and utilities (-0.6 percent vs -0.5 percent). Meanwhile, prices continued to increase for transport (2.4 percent vs 2.2 percent), clothing and footwear (4 percent vs 3.5 percent), alcoholic beverages and tobacco (1.8 percent vs 1.6 percent) and health (3 percent vs 2.2 percent) . On a monthly basis, consumer prices went up 0.2 percent, compared to a 0.3 percent drop in April.