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Vietnam’s CPI index goes up slightly in August

Vietnam’s consumer price index (CPI) slightly went up 0.07 percent month-on-month in August due to the impacts of heavy rainfalls nationwide and rise in domestic rice and education service prices, reported the General Statistics Office on August 29.
Vietnam’s CPI index goes up slightly in August ảnh 1Heavy rainfalls push up prices of vegetables (Photo: VNA) 

Hanoi (VNA) - Vietnam’s consumer price index (CPI) slightly went up 0.07percent month-on-month in August due to the impacts of heavy rainfallsnationwide and rise in domestic rice and education service prices, reported theGeneral Statistics Office on August 29.

The figure was down 0.12 percent from December and up 3.18percent annuall𝐆y.

On eight-month calculation, the index rose by 3.96 percentyear-on-year, the highest in the past five years. Among 11 categories of goods and services, seven saw risingprices, including food and dining services up 0.11 percent, beverages andcigarettes 0.05 percent, housing and construction materials 0.1 percent,medicines and medical services 0.02 percent, transportation 0.1 percent,education 0.18 percent, goods and other services 0.2 percent. Three others posted decrease in prices, including apparel,headwear and footwear 0.03 percent, post and telecommunications 0.05 percent,entertainment and tourism 0.2 percent. Hike of school tuition for 2020-2021 academic year also pushedup education prices index by 0.18 percent from the previous month. Exchange rate between Vietnamese dong and US dollar dropped by0.08 percent, standing at 23,288 VND per US dollar on the free market./.
VNA

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