HCM City records slight increase in July CPI

The July consumer price index (CPI) in Ho Chi Minh City picked up 0.61 percent from last month, according to the municipal Statistics Office.


Month-on-month price hikes were seen in eight of the 11 groups of main consumer goods and services, namely food and restaurant services (0.16 percent); garment, headwear and footwear (0.42 percent); housing, electricity, water, fuel and construction materials (0.43 percent); household appliances (0.09 percent); transport (4.59 percent); education (0.08 percent); culture, entertainment and tourism (0.02 percent); and other goods and services (0.11 percent).


While the group of beverages and cigarettes recorded a price decline of 0.05 percent, prices of medicine and healthcare services, along with postal and telecoms services, stayed unchanged compared to the previous month.


As a result, the July CPI fell 0.13 percent from last December but rose 2.62 percent from a year earlier. The seven-month index grew 3.36 percent from the same period of 2019, the Statistics Office said.


Source: Vietnam News Agency


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