Vietnam’s consumer price index (CPI) in the third quarter of this year expanded 3.32% as compared with the corresponding time last year, the General Statistics Office (GSO) said at a press conference in Hanoi on September 29.
Petrol prices grew 41.07% on average in the nine months, resulting in a 1.48 percentage point rise in the CPI. (Photo: VNA)
Hanoi (VNA) – Vietnam’s consumer priceindex (CPI) in the third quarter of this year expanded 3.32% as compared withthe corresponding time last year, the General Statistics Office (GSO) said at apress conference in Hanoi on September 29.
The figure in the first nine months of this year wasup 2.73%, while core inflation rose 1.88%.
In September alone, the index went up 0.4%month-on-month, and 3.94% year-on-year, mainly due to increases in prices of essentialgoods and services as well as tuition fees in certain localities, accordinghead of the GSO Nguyen Thi Huong.
Among the 11 baskets of consumer goods and services,nine experienced price hikes, while two others saw price drops, comprising transportservices (down 2.235) and post and telecom services (down 0.04%).
Huong further explained that the average increase ofpetrol prices of 41.07% in the nine months has resulted in a 1.48 percentagepoint rise in the CPI. Moreover, higher demand for catering services after theCOVID-19 was brought under control and food price hikes also pushed up theindex.
The domestic gold price fell 1.71% in Septembermonth-on-month but jumped 4.06% year-on-year. It climbed by 6.22% in thenine-month period.
In September, the price of US dollar was up 0.53% againstthe previous month, and 3.45% as compared with the same period last year. In thefirst nine months, the price experienced a growth rate of 0.75.
To deal with the rising inflation pressure, theGovernment has instructed ministries, agencies and localities to issue manypolicies and roll out solutions concertedly, helping to ensure production andbusiness stability./.
Vietnam’s consumer price index (CPI) in August increased slightly by 0.005% from the previous month. Among the 11 groups of main consumer goods and services, nine reported price hikes, according to the General Statistics Office.
Though inflation was under control in the past eight months, the economy still poses risk to the consumer price index (CPI) in the remaining months of this year and next year, said Director General of the General Statistics Office of Vietnam (GSO) Nguyen Thi Huong.
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Petrol prices grew 41.07% on average in the nine months, resulting in a 1.48 percentage point rise in the CPI. (Photo: VNA) 
