A woman chooses products at a store. (Illustrative photo: VNA)Hanoi (VNA) – The Consumer Price Index (CPI) inNovember was up by 0.32 percent compared to October, according to the GeneralStatistics Office (GSO).
It was driven by the hikes of prices of petrol and gas acrossthe globe, as well as consumer goods and services in localities in the newnormal.
Among 11 groups of main commodities and services, nineexperienced rising prices.
In the first 11 months, the CPI went up 1.84 percentcompared to the same period last year, the lowest level since 2016, attributedto the fuel price hikes by 30.32 percent year-on-year, after20 adjustments.
Housing and construction materials posted a year-on-yearexpansion of 6.8 percent and education grew 2.44 percent.
Meanwhile, foodstuff inched down 0.52 percent and electricityprices dropped 1.06 percent against the same period last year.
As COVID-19 prompted travel restrictions, air ticket pricesfell 21.39 percent while travel package slipped 2.42 percent.
Core inflation in November increased 0.11 percent, up 0.58percent compared to a year ago, the GSO said. The figure saw a year-on-year rise of 0.82 percent in 11months.
December CPI is forecast to marginally rise and the yearlyaverage will be about 2 percent, much lower than the set target of 4 percent./.
