Up from 14.7% in April 2014, the year-on-year inflation rate, as measured by the Consumer Price Index (CPI), stood at 14.8% in May 2014, while the monthly change rate for May 2014 was 0.9% against the 1.7% recorded in April 2014.
This means that the change in the general price level increased by 14.8% over the one year period, from May 2013 to May 2014, while the change in the general price level went up by 0.1% between April 2014 and May 2014.
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