Its Consumer Price Index (CPI) increased by 4.27% in the first five months, impacting residents' budgets, according to a report by the city’s Statistics Office.
Major contributors to the four-month CPI hike included food and catering services, which rose by 3.86% year-on-year and contributed 1.3 percentage points to the overall CPI growth, according to the National Statistics Office.
The main drivers behind the CPI increase were pork price surges caused by supply shortages, along with higher costs for dining out, rents, and transport services due to growing consumer demand.
To achieve the 8% economic growth this year, Deputy Minister of Planning and Investment Tran Quoc Phuong said comprehensive solutions across all sectors have been outlined in the Government’s Resolution 01.
Adjusted healthcare fees, and higher transportation costs and food prices, driven by increased demand during the Lunar New Year holiday, led to a 0.98% rise in the Consumer Price Index, CPI, in January compared to the previous month.
Such factors as adjusted healthcare fees, and higher transportation costs and food prices led to a 0.98% rise in the Consumer Price Index (CPI) in January.
The 3.63% increase in the consumer price index (CPI) for the whole of 2024 not only reflects the Government's efforts in price management, but also demonstrates the economy's resilience against external "headwinds".
The National Assembly (NA) on November 12 adopted a resolution on the socio-economic development plan for 2025, targeting a gross domestic product (GDP) growth rate of 6.5 - 7%.
Vietnam's Consumer Price Index (CPI) in October increased by 0.33% compared to September and by 2.89% year-on-year, according to the General Statistics Office (GSO).
Vietnam’s consumer price index (CPI) rose by 3.48% in the third quarter of 2024 compared to the same period last year, mainly fueled by the increasing prices of food in localities directly affected by Typhoon Yagi, and housing and education services, according to the General Statistics Office (GSO).
The consumer price index (CPI) in August stayed almost unchanged from the previous month as a result of mixed trends in goods and consumer service prices, the General Statistics Office (GSO) reported on September 6.
Prime Minister Pham Minh Chinh on August 5 demanded all-level authorities, sectors, and localities take timely, flexible, and efficient moves to achieve better and more inclusive socio-economic development in 2024 compared to last year.
Vietnam’s consumer price index (CPI) in the first seven months of 2024 rose by 4.12% from the same time last year, mostly due to increases in tuition fees, healthcare services, housing costs, and prices of power, water, fuel, and building materials, according to the General Statistics Office (GSO).
Vietnam's consumer price index (CPI) rose by 4.08% in the first half compared to the same period last year, while core inflation increased by 2.75%, according to the General Statistics Office (GSO).