This indicates that the deflationary pressure has started easing, given that consumer prices in April decreased 0.1% on the year.
In May 2015, consumer prices increased by 0.4% on average compared to April 2015.
The biggest decline in consumer prices year on year this May was registered in transport prices which dropped 4.1% on the back of a 5.9% plunge of fuel prices.
Prices of clothing and footwear decreased 0.4%, while prices of accommodation, water and energy weakened by 0.2%, according to the DZS.
On the other hand, prices of recreation and culture increased 4.2% in May compared to May 2014, and communications prices went up 2.3%. Prices of alcoholic beverages and tobacco increased 2%.
A majority of macroeconomic analysts polled by Hina expect the stagnation of consumer prices or a mild deflation in 2015.