February CPI up 0.45% as petrol, housing prices increase
Vietnam’s consumer price index (CPI) in February grew by 0.45 % month-on-month, fueled by higher prices of oil, petrol, gas, and rental houses, the General Statistics Office said on February 28.
Hanoi (VNA) – Vietnam’s consumer price index(CPI) in February grew by 0.45 % month-on-month, fueled by higher prices of oil,petrol, gas, and rental houses, the General Statistics Office said on February28.
This month’s CPI and core inflation increased by 4.6% and 5.08%year-on-year, respectively.
Among the 11 main commodity groups, five marked amonth-on-month increase in prices, and the rest registered a decline.
Transport services reported the highest rise of 2.11 % mostlydue mainly to a 5.66% increase in oil and petrol cost, followed by housing andconstruction materials at 1.81% partly because of gas prices being up 14.56%since February 1.
The prices of other goods and services; household equipmentand appliances; and medicine and health services inched up by 0.12%, 0.09%,0.02%, respectively.
Illustrative photo (Source: VNA)
In contrast, the cost of education; restaurant services;beverage and tobacco; post and telecommunications services; apparel, footwearand hat; culture, entertainment and tourism were cut by 0.57%, 0.17%, 0.12%,0.08%, and 0.02%, respectively./.
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Vietnam’s consumer price index (CPI) in January edged up by 0.52 % month-on-month, fueled by high consumer demand for the Lunar New Year or Tet which fell in the same month, the General Statistics Office said on January 29.
Hanoi’s consumer price index (CPI) in January inched up by only 0.35% month-on-month and 3.09% year-on-year, the municipal Statistics Office has reported.
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Illustrative photo (Source: VNA) 
Illustrative photo (Source: VNA) 
