Cpi

The price of pork in June fell 1.39 percent from the previous month. (Photo: VietnamPlus)   Hanoi (VNA) – The average Consumer Price Index (CPI) in the first half of 2019 increased 2.64 percent year-on-year, the lowest level over the last three years, according to the General Statistics Office (GSO). June but edged up again in the middle of the month due to the short supply. However, for the whole month, the price of pork still fell 1.39 percent month on month. The CPI rise at a three-year low in the first half of 2019 has greatly helped stabilise the macro-economy, promote economic growth and leave much room for inflation control for the remainder of the year, Deputy Prime Minister Vuong Dinh Hue said at a meeting of the Steering Committee for Price Management earlier this week. He also urged relevant authorities to keep core inflation within some 1.8 percent this year.–VNA Photo: VNA VNA … [Read more...] about Six-month CPI reaches lowest in three years ​

The GSO attributed high demands for food, food service, public transport, and tourism in the first two months of 2019, adjusted power prices, higher healthcare costs, elevated educational fees, minimum wage increases to the growth in average CPI growth rate in the first nine months.  On the other hand, in the January-September period, petro prices were adjusted 18 times including six  price increases, eight price reductions, and four times when the costs were stabilized. Accordingly, petro prices dropped 3.46% against the same period in 2018, serving to reduce CPI by 0.14%.  In September only, CPI saw a month-on-month increase of 0.32% and a year-on-year growth of 1.98%, up 2.2% against last December.  In the first nine months, CPI picked up 2.5% against the same period last year.  In Q3, CPI experienced a year-on-year growth of 2.23%.  In the ninth month, eight out of 11 groups of goods and services witnessed higher prices including … [Read more...] about GSO projects 3% CPI growth rate for 2019

The nine-month CPI increases by about 2.52 percent from the same period of 2018, a very low figure compared to those in recent years, according to the General Statistics Office The committee reported that in Q3, the consumer price index (CPI) has posted month-on-month growth, 0.18 percent in July, 0.28 percent in August and 0.32 percent in September. However, the pace was still slower than forecast, creating more room for controlling this year’s inflation within the limit of 4 percent set by the National Assembly and Government. … [Read more...] about Inflation around 3.3 – 3.5 percent this year: Deputy PM

    Deputy Prime Minister Vương Đình Huệ speaks at the meeting of the Government’s Steering Committee for Price Management in Hà Nội on Friday. Photo chinhphu.vn HÀ NỘI If there are no unexpected factors in the remaining months of the year, it is feasible to control the consumer price index (CPI) this year at a low level of 3.3-3.5 per cent, Deputy Prime Minister Vương Đình Huệ said on Friday. During a meeting of the Government’s Steering Committee for Price Management to review the country’s price management in the third quarter of 2019 held in Hà Nội, Huệ said average consumer price index in the first nine months of 2019 was estimated to expand by some 2.52 per cent against the same period last year. Huệ, who is head of the committee, said the average CPI of 2.52 per cent in the first nine months of 2019 was the lowest level in the past three … [Read more...] about Consumer price index to be controlled at low level of 3.3-3.5% in 2019

Illustrative image (Source: VNA) Hanoi (VNA) – The consumer price index (CPI) in September rose 0.32 percent over the previous month, said General Director of the General Statistics Office (GSO) Nguyen Bich Lam. Lam said at a press conference on September 28 that the figurerepresents a 2.2 percent rise over the number in December 2018 and a 1.98 percent increase from the same month last year. Averagely, in the first nine months of 2019, the CPI rose 2.5 percent year on year, the lowest level in the past three years, he added. The rise in educational services, impacts from African swine fever and flooding in some localities, as well as the State Bank of Vietnam’s efforts to keep flexible monetary policies and stable macro-economy are major factors pushingup the CPI in the month, he said. Meanwhile, Do Thi Ngoc, head of the GSO’s Price Statistics Department, explained that higher demand in the Lunar New Year in February this year led to an increase in prices of food … [Read more...] about Consumer price index expands 0.32 percent in September