CPI in October creeps up 0.09 percent
(VOVWORLD) - The consumer price index (CPI) inched up 0.09 percent in October against the previous month, and 2.47 percent year-on-year, according to the General Statistics Office of Vietnam (GSO).
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Among 11 groups of products and services in the CPI basket, a decline was recorded in the groups of restaurant and catering services, transportation, post and telecommunication services, culture, and entertainment and tourism. Meanwhile, six groups seeing higher prices were education services; houses and building materials, property maintenance materials and services, beverage and tobacco; garment, hat and footwear, and other goods and services.
Head of the GSO’s Price Statistics Department Do Thi Ngoc said the rise in October’s CPI was fueled by a surge in tuition fees for the 2020-2021 academic year in nine centrally-run cities and provinces, high prices of vegetables due to impacts of the storms, and an increase in gas prices to keep up with swings in the global market.