Vietnam CPI mounts 0.83 percent in August

The General Statistics Office has recently announced that Vietnam’s consumer price index (CPI) rose 0.83 percent in August, an increase of 3.53 percent compared to December last year, and 7.5 percent year-on-year.

Thus, the country’s CPI has risen again after merely climbing 2.7 percent in seven months.

This month, most commodity and services groups, except for post and telecommunications which slid 0.02 percent, saw an increase in price, with medicines and healthcare services posting the sharpest hike of 4.11 percent.

The fact that Hanoi City adjusted price of healthcare services has resulted in an increase of 63.94 percent in price of medicines and healthcare services compared to the previous month, contributing an increase of 0.23 percent to the country’s general figure.

Restaurants and catering services advanced 0.54 percent due to impacts caused by continuous storms and heavy rains nationwide along with a raise in transport which surged 1.11 percent because of petrol price adjustments.

By T.Van – Translated by Thuy Doan

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