Core CPI Down 1.5% On Year In April

The Ministry of Internal Affairs and Communications announced last week that the core consumer price index was down 1.5% in April, falling for the 14th consecutive month. Overall CPI was down 1.2% from 1.1% in the previous month. The price for education plunged 6.6%, which pushed down the core CPI by half a percentage point, because of the government's decision to scrap public high school tuition fees.