Vietnam’s consumer price index (CPI) in 2024 rose 3.63% year-on-year, meeting the target set by the National Assembly (NA), the General Statistics Office (GSO) reported on January 6.
Hanoi (VNA) – Vietnam’s consumer price index (CPI) in 2024 rose 3.63% year-on-year, meeting the target set by the National Assembly (NA), the General Statistics Office (GSO) reported on January 6.
Nguyen Thi Huong, head of the GSO, told a press conference in Hanoi that the index in the fourth quarter went up 2.87% from the corresponding time last year, and that in December increased 2.94% year-on-year.
She attributed the increase to the rising prices of food and services, particularly rice prices following export trends, the impact of natural disasters, and growing demand during holidays and celebrations.
Specifically, food prices grew by 12.19% year-on-year, rice prices up 15.93%, and catering services up 3.99%.
The prices of housing, electricity, water, fuels, and construction materials expanded by 5.2% year-on-year. In addition, the prices of drugs and medical services increased by 7.16%; educational services up 5.37%, and transportation up 0.76%.
Meanwhile, the prices of the post and telecommunications group in 2024 contracted by 1.02% compared to 2023 due to the decrease in the prices of old-generation phones as businesses launched discount programmes to stimulate demand for smartphones.
Domestically, in December, the gold price decreased by 1.38% compared to the previous month, but rose 31.07% over the same period last year. For the whole year, it increased by 28.64%.
The average US dollar price in the free market was around 25,488 VND, representing a rise of 4.91% year-on-year./.
Vietnam's consumer price index (CPI) for November rose by 0.13% from the previous month and 2.77% compared to the same period last year, announced the General Statistics Office (GSO) on December 6.
Vietnam’s consumer price index (CPI) rose by 3.48% in the third quarter of 2024 compared to the same period last year, mainly fueled by the increasing prices of food in localities directly affected by Typhoon Yagi, and housing and education services, according to the General Statistics Office (GSO).
The consumer price index (CPI) in August stayed almost unchanged from the previous month as a result of mixed trends in goods and consumer service prices, the General Statistics Office (GSO) reported on September 6.
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