Ho Chi Minh City’s consumer price index (CPI) in March increased by 0.78 percent over the previous month, taking the city’s CPI by 3.78 percent over the beginning of the year.
|HCMC’s first-quarter CPI has surged by 3.78 percent (Photo: tin247)|
According to the city’s Statistics Office, during March, only post and telecommunications declined by 0.27 percent while 10 essential commodities rose slightly.
Food prices climbed by just 1 percent while transport costs were up 1.48 percent, due partly to an increase in gasoline prices.
In addition, electricity, water, gas and building materials also rose by above 1 percent.
The main reason for the CPI increase this month was a hike in prices of gasoline, steel and milk, the Statistics Office said.