Food inflation slowed in May, but remains more than double the headline rate
Annual CPI and food and non-alcoholic beverage inflation rate, %
20%
18.4%
Food and
non-alcoholic
beverages
15
10
8.7%
CPI
5
0
-5
2014
2016
2018
2020
2022
20%
18.4%
Food and
non-alcoholic
beverages
15
10
8.7%
CPI
5
0
-5
2014
2016
2018
2020
2022