The consumer price index (CPI) rose 0.45 per cent in August from the previous month, the General Statistics Office (GSO) reported. August CPI rose 2.59 per cent from last December and 3.98 per cent from the same period of 2017. The eight-month figure rose 3.52 per cent from last year, approaching the Government’s target for the CPI growth rate of the entire year, which is 4 per cent. Do Thi Ngoc, head of the GSO’s CPI Department, said the growth rate of the CPI in August was lower than the growth rate of the CPI in August 2017, but higher than the growth rate in the same month in 2014, 2015 and 2016. Ten of the 11 groups of main commodities and services saw prices increase, namely restaurant and catering services (0.87 per cent); housing and building material (0.44 per cent); education (0.46 per cent); culture, entertainment and tourism (up 0.19 per cent); and transport (0.13 per cent). Meanwhile, post and telecommunications saw a decrease of 0.07 per cent. Ngoc said one of … [Read more...] about August CPI up 0.45 per cent
Cpi
CPI rises 0.45% in August
Photo for illustrationSpecifically, restaurant and catering services saw the highest price increase at 0.87%, mainly due to food products rising 1.12% and food soaring 0.1%. Education price index continued to went up 0.46% because this month, 14 localities implemented the roadmap for tuition fees increase in accordance with the Government’s Decree 86/2015/ND-CP dated October 2nd, 2015. Prices of housing, materials and construction rose by 0.44% due to housing maintenance materials costs increase of 0.42% and gas price up 2.8% resulting from gas price adjustment on August 1st. Culture, entertainment and tourism prices surge 0.19%, followed by transport 0.13%; beverage and cigarette 0.11%; apparels, hats, footwear and household appliances 0.1%; medicine and health services 0.02%; other commodities and services 0.13%. Only post and telecommunications enjoyed a price reduction of 0.07%. Totaling the first 8 months of the year, average CPI surged 3.52% over a year earlier. In … [Read more...] about CPI rises 0.45% in August
Vietnam’s CPI up 0.45 pct in August
The consumer price index (CPI) rose by 0.45 pct in August compared to the previous month, while the average CPI in the first eight months of 2018 increased by 3.52 pct, according to the General Statistics Office (GSO). Food and eating services made the largest price increases in August Among the 11 groups of goods and services used to calculate the CPI, ten were higher than in July, with food and dining services making the largest gain at 0.87 pct, contributing a 0.25 pct increase to the overall CPI. Theo NDO … [Read more...] about Vietnam’s CPI up 0.45 pct in August
CPI in August up 0.45%
Illustration photo The CPI over the recent eight months of the year picked up 3.52% compared to the same period last year. Ten out of the 11 commodities in the calculation basket witnessed increases in prices, including restaurants and food services (0.87%), education (0.46%), housing and building materials (0.44%), culture, entertainment and tourism (0.19%), transport (0.13%), beverage and tobacco (0.11%), garments, hats and footwear (0.1%), equipments and household commodities (0.1%). The prices of other groups, including medicines and health service, goods and other services also saw respective increases of 0.02% and 0.13%. Only the price of telecommunications decreased by 0,07%. The core inflation in August 2018 rose 0.22% in comparison with the previous month and up 1.54% against the same period last year. The average core inflation over the recent eight months witnessed a year-on-year increase of 1.38%. By Thuy Dung … [Read more...] about CPI in August up 0.45%
HCM City’s CPI up 0.48 percent in August
Illustrative image (Source: VNA) HCM City (VNA) – The consumer price index (CPI) of Ho Chi Minh City in August increased 0.48 percent against the previous month and 3.51 percent compared with the same period last year, the municipal Statistics Office reported on August 30. Eight of 11 groups of commodities saw their prices go up in the month, with the highest rise recorded in food and catering services at 0.84 percent month-on-month. Other groups with hikes were housing, electricity, water, fuel and construction materials, up 0.75 percent; goods and other services, 0.46 percent; transport, 0.27 percent; household utensils, 0.21 percent; culture, entertainment and tourism, 0.13 percent; and education, 0.1 percent. Some groups experienced a drop in their prices such as clothing, hats and footwear, down 0.77 percent; post and telecommunications, 0.05 percent; and medicine and health services, 0.12 percent. Beverages and tobacco remained stable. In August, the gold price … [Read more...] about HCM City’s CPI up 0.48 percent in August