Vietnam’s August CPI edges up 0.23%

General Statistics Office August 23 announced that the Consumer Price Index increased slightly by 0.23 percent over the previous month and 8.18 per cent over the same period last year.

Vietnam' August CPI edges up 0.23 percent. (file photo)

The CPI was up 8.61 per cent in comparison with the first eight months of last year, said the GSO.

In the first eight months of the year, other commodities also saw an increase by over 10 percent, including gold (37.78 percent), transport (16 per cent), housing and construction materials (roughly 15%), other commodities and services (11.79 per cent) and goods (around 11 per cent).

GSO expert Do Thi Ngoc said the month's CPI increase had not been affected by a rise in fuel price or the depreciation of the Vietnamese dong compared to the US dollar. However, she predicted the coming month's CPI would be impacted by these factors.

The capital's CPI increased by 0.15 per cent while HCM City's decreased by 0.25 per cent. Thai Nguyen, Hai Phong and Thua Thien-Hue rose by 0.06 per cent, 0.12 per cent and 0.17 per cent respectively.
The GSO projected that in September, CPI would continue to be on the rise. 

By B.An, translated by Tran Tran

Other news

Most view


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.


185 leading domestic & in't enterprises join in VN ETE 2018

The Vietnam Exhibition of Electrical Technology and Equipment (Vietnam ETE 2018) and the Exhibition of Products, Technologies for Energy Saving and Green Power (ENERTEC EXPO 2018) yesterday kicked off in HCMC’s Saigon Exhibition Convention Center in district 7.

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

SAS profits VND 118bln

The Southern Airports Service Joint Stock Company (Sasco) which is listed under code SAS on the Unlisted Public Company Market (UPCoM), announced its second quarter’s financial report with net revenue at VND 634.5billion, an increase of 14 percent compared to last year.