The Consumer Price Index (CPI) of November increased by 0.96 percent compared to last month, the highest growth for November’s CPI in the last nine years.
The total number of culled pigs was nearly 5,900,000 with a total weight of 335,700 tonnes by November 15. (Photo sggp.org.vn)
Hanoi (VNA) - The Consu♍mer Price Index (CPI) of November increased by 0.96 percent compared to last month, thehighest growth for November’s CPI in ♊the last nine years.
The November CPI rose by 3.52 percent compared to the same month last year. The General Statistics Office (GSO) attributed it tothe rising price of pork and pork products due to decliningsupply caused by the African swine fever crisis. The total number of culled pigs was over 5,850,000with a total weight of 335,700 tonnes by November 15, the GSO said. However, the average CPI ofthe 11 months increased by only 2.57 percent compared to the same period lastyear, the lowest growth rate for the period inthe last three years. Nine of 11 groups of consumer goods and services haveseen prices rise over the last month, said Do Thi Ngoc,director of GSO’s CPI department. These include food and catering services; beveragesand tobacco; other commodities and services; housing and constructionmaterials; clothing, hats and footwear; household appliances; medicines andhealthcare services; education; and culture, entertainment and tourism. Two groups of goods witnessing declines includedtransport and post and telecommunications. In addition, the petrol and oil prices dropped by 1.7 percent from last month, helping push the general growth of CPI by about 0.07 percentage points. The domestic gold price this month also declined 0.63percent compared to last month on the falling global gold price. At the same time, the value of the US dollar droppedby 0.13 percent on plentiful domestic reserve foreign currency and theinfluence of the US-China trade war. The average core inflation of 11months (CPI growth excluding food, foodstuff and fresh food, energy, health careand education) climbed 1.94 percent compared to the same period lastyear./.
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The total number of culled pigs was nearly 5,900,000 with a total weight of 335,700 tonnes by November 15. (Photo sggp.org.vn) 
