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

Other news

Most view

HCMC to suffer consequence from plastic waste

HCMC to suffer consequence from plastic waste

Reports from two waste treatment plants operated by Vietstar and Tam Sinh Nghia showed that of 60 tons of plastic garbage in Ho Chi Minh City everyday, a small quantity of plastic bags are recycled; subsequently, the city is highly likely to suffer a lot from plastic pollution.

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Economy

HCMC focuses on safe pig breeding chain

The HCM City department of agriculture & rural development has just held conference about the sustainable pig breeding and safe pork production market in HCMC.

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market