HCM City's CPI in August grew 0.24 percent from the previous month (Photo: VNA)HCM City (VNA) – The southern largest economic hubof Ho Chi Minh City recorded a month-on-month rise of 0.24 percent in theconsumer price index (CPI) in August, according to the municipal statisticsoffice.
The office said on August 30 that this month’sCPI grew 1.76 percent from last December and 3.75 percent from the same periodof 2018.
Compared to July, price increases were seenseven of the 11 main groups of consumer groups and services, namely food andfood services (up 0.16 percent), beverage and cigarette (0.21 percent), housingfees (0.29 percent), household equipment and utensils (0.05 percent), medicineand healthcare services (3.93 percent), education (0.1 percent), and othergoods and services (0.07 percent).
Meanwhile, four other groups posted pricedeclines, namely headwear and footwear (down 0.01 percent); transport (0.39percent); postal and telecom services (0.08 percent); and culture,entertainment and tourism (0.1 percent).
Experts said food prices have been on a slightupward trend since May, rising 0.83 percent from the year’s beginning.
Meanwhile, local medical services have followedthe same trend nationwide since August 20 under the Ministry of Health’s circularon prices of medical services covered by health insurance.
Several schools have also adjusted their tuitionfees in August to prepare for the new academic year, which subsequently raisedthe price index of educational services, the statistics office said,forecasting more fee hikes in September and October.-VNA
VNA
