CPI in February drops 0.05%

16:32 | 24/02/2015

VGP – The Consumer Price Index (CPI) in February decreased 0.05% compared to the previous month, according to the General Statistics Office.

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Thanks to the reduction in the oil and gas price, three out of the 11 groups in the calculated basket witnessed declines in the price, including transport dropped by 4.41%, housing and building material down 0.41% and telecommunications down 0.02%.

The prices of the groups of restaurants and food service and foodstuff only increased 0.53% and 0.13%, respectively.

The beverage and tobacco and garment, hats and footwear groups saw slight rises in prices of 0.56% and 0.45%, respectively.

The gold price rose 2.7% while the US$ price reduced 0.2%.

By Thuy Dung