The consumer price index (CPI) of Ho Chi Minh City in August increased 0.48 percent against the previous month and 3.51 percent compared with the same period last year, the municipal Statistics Office reported on August 30.
HCM City (VNA) – The consumerprice index (CPI) of Ho Chi Minh City in August increased 0.48 percent againstthe previous month and 3.51 percent compared with the same period last year,the municipal Statistics Office reported on August 30.
Eight of 11 groups of commodities saw theirprices go up in the month, with the highest rise recorded in food and cateringservices at 0.84 percent month-on-month.
Other groups with hikes were housing,electricity, water, fuel and construction materials, up 0.75 percent; goods andother services, 0.46 percent; transport, 0.27 percent; household utensils, 0.21percent; culture, entertainment and tourism, 0.13 percent; and education, 0.1percent.
Some groups experienced a drop in theirprices such as clothing, hats and footwear, down 0.77 percent; post and telecommunications,0.05 percent; and medicine and health services, 0.12 percent. Beverages andtobacco remained stable.
In August, the gold price declined 0.19percent while that of the US dollar went up 1.18 percent against last month.
The country’s CPI in the month inched up0.45 percent month-on-month, and 3.89 percent from the same time last year,pushing up the eight-month figure to 3.52 percent year on year, according tothe General Statistics Office (GSO).
The GSO forecasts a rise in September’s CPIdue to price surge in education service, pork price, gas and gasoline.-VNA
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Prime Minister Nguyen Xuan Phuc has reiterated the Government’s resolve to control inflation, noting that although the consumer price index (CPI) in July fell slightly from the previous month, the pressure for inflation hike remains considerable.
Vietnam’s consumer price index (CPI) in August inched up 0.45 percent month-on-month, and 3.89 percent from the same time last year, pushing up the eight-month figure to 3.52 percent year on year, according to the General Statistics Office (GSO).
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Illustrative image (Source: VNA) 
