Illustrative image (Source: VNA)Hanoi (VNA) - Vietnam’s consumer price index (CPI) in Julyrose by 0.18 percent month-on-month, and 2.44 percent from the same period lastyear, according to the General Statistics Office (GSO).
Among the 11 main commodity groups, nineexperienced price rises, including goods and other services with the highestrise of 0.94 percent; food and catering services (0.33 percent); education (0.22percent); culture, entertainment and tourism (0.15 percent), beverage and tobacco(0.12 percent).
The prices of transportation; and housing, electricity, water and constructionmaterials saw the same price drop of 0.03 percent.
Director of theGSO’s Price Statistics Department Do Thi Ngoc said the rise in July’s CPI wasfuelled by high prices of food, especially pork which swelled 0.81 percent fromthe previous month.
In addition, the petrol price was up 0.04 percent compared to June, resultingin a 0.002 percent rise of the CPI of this good in July.
Meanwhile, the CPI of the health insurance group in July increased 6.67 percentmonth-on-month due to the increase of basic salary.
There was an increase in the tuition fees in some provinces and central-levelcities under a Government Decree.
The VND/USD exchange rate in July decreased by 0.56percent.
During the month, the domestic gold prices was around 3.97 million VND (171.06USD) per tael, 4.78 percent higher than the previous month.
The GSO said core inflation (CPI exclusive of foodstuff, fresh food,energy, healthcare and education service) in July and the first seven months of2019 respectively increased by 0.23 percent and 1.89 percent, compared to thesame period last year.-VNA
VNA
