Jamaica’s point-to-point inflation rate has fallen to 5.3% as of last month, April.

That’s according to the latest information provided by the Statistical Institute of Jamaica, STATIN on Wednesday.

The fall represents a 0.3 percentage point reduction from the previous month, March.

It’s the third straight monthly decline in the rate of inflation.

It’s also the second consecutive month of inflation being within the Bank of Jamaica’s target range of 4 to 6%.

The main contributors to the rate were Food and Non-Alcoholic Beverages, ‘Transport  and ‘Housing, Water, Electricity, Gas, and Other Fuels. 

According to STATIN inflation for the calendar year-to-date was negative one-point-eight percent.

The point-to-point inflation rate for April was 5.3%.