CPI rises marginally in November

Consumer Price Index (CPI) in November posted a modest rise of 0.1 percent in Ho Chi Minh City due to weak purchasing power and stable prices.

CPI has surged 3.9 percent since the beginning of this year and up 4.66 percent compared to the same period last year.

Among commodity groups, there were eight groups seeing increase in prices, of which clothes, footwear, and hats climbed 0.71 percent, and household appliances and equipment rose 0.6 percent.

Post and telecommunications remained unchanged from previous month while restaurant and catering services, goods, and other services dropped 0.18 percent.

Gold price index in November fell drastically by 1.63 percent over the previous month but remained rising at 3.42 percent year-on-year. The US dollar index declined 0.3 percent over last month, and 1.74 percent compared to that at the beginning of this year.

Meanwhile, Hanoi’s CPI in November edged up 0.22 percent compared to previous months, a hike of 6.67 percent year-on-year. This month, most commodity groups rose marginally, excepting restaurants and catering services which saw a drop of 0.05 percent.

By T.Van – Translated by Thuy Doan

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