Vietnam’s CPI in March rises 0.16 per cent

Vietnam’s Consumer Price Index in March rose 0.16 per cent against the previous month and surged 2.25 per cent over the end of 2011, reported the General Statistics Office.

CPI in the first quarter of the year increased 15.95 per cent compared to the same period last year.

Nine of the 11 essential commodities saw a hike in price, while post and telecommunications, and foodstuffs, saw a drop.

The highest growth rate during the month was seen in the housing and construction materials sector with 2.31 per cent, while the lowest increase was recorded by the beverage drinks and cigarette sector with 0.16 per cent.

Restaurant services, including food and foodstuff products, which account for 40 per cent of the market share, experienced a decrease of 0.83 per cent.

Prices of foodstuffs were down 1.25 per cent due to low demand and surplus supply.

Education services increased 1.11 per cent, transportation 1.08 per cent and medical services 0.48 per cent.

Presently, the Consumer Price Index covers 11 commodities: food; restaurant services; beverages; textiles; medical services; transportation; post and telecommunications; education; electricity; and construction materials.
Related article:
HCMC, Hanoi see CPI slow down in March

By Ha My – Translated T.Huong

Other news

Most view

A guava field in Can Tho (Photo: KK)

APEC 2017 Food Security Week opens in Can Tho

The APEC 2017 Food Security Week and High-Level Policy Dialogue on Enhancing Food Security and Sustainable Agriculture in Response to Climate Change will be held in the Mekong Delta city of Can Tho on August 18-25.

Banking-finance

Economy

Rice export target set at 5.2 million tonnes in 2017

The Vietnam Food Association (VFA) aims to ship 2 million tonnes of rice to foreign countries in the last five months of the year, increasing total rice export for the whole year to 5.2 million tonnes, up 6 percent year-on-year.

Self - introduction

Stock market

VPBank prepares for listing on HOSE

The Ho Chi Minh City Stock Exchange (HOSE) said over 1.33 billion shares of Vietnam Prosperity Joint Stock Commercial Bank (VPBank) will officially be listed on the HOSE, code VPB, from August 17 with the reference price of VND 39,000 per share.