The Consumer Price Index (CPI) in May stood at 104.95, an increase of 0.74 percent over the same month of last year, according to a report released Monday by the Directorate General of Budget, Accounting and Statistics (DGBAS). The CPI in the first five months increased by 1.19 percent over the same period of last year, according to the DGBAS statistics. Meanwhile, the Wholesale Price Index (WPI) in May was 108.88, which represents a 9.41 percent year-on-year rise. The average WPI in the first five months was 7.65 percent higher than the year-earlier figure, the statistics show. 