CPI posts marginal increase in November

Although prices usually go up sharply during the last month of the year, surprisingly, Vietnam’s Consumer Price Index moved up only 0.47 percent in November, reported the General Statistics Office.

The country’s CPI climbed 6.52 percent since the beginning of this year, up 7.08 percent compared to the same period last year.

Restaurants and catering services, the most powerful commodity group, fell 0.08 percent this month, of which foodstuff dropped 0.21 percent while food and eating-out still rose 0.05 percent and 0.2 percent respectively, helping to pin down prices while most commodity groups climbed.

Medicines and healthcare services posted the highest increase of 5.16 percent, of which healthcare services rose 6.66 percent. Gold price dropped 1.98 percent and US dollar dropped 0.11 percent this month.

By Ng.Quang – Translated by Thuy Doan

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