April CPI down 1.54 percent month-on-month
Significant falls in the price of petrol, oil, non-food items, and foodstuffs were behind a month-on-month decline of 1.54 percent in the CPI in April, the General Statistics Office (GSO) said on April 29.
The April CPI down 1.63 percent in rural areas and 1.45 percent in urban areas. (Source: VNA)Hanoi (VNA) - Significant falls in the price of petrol, oil, non-food items, and foodstuffs were behind a month-on-month decline of 1.54 percent in the CPI in April, the General Statistics Office (GSO) said on April 29.
The CPI rose 2.93 percent, however, against April 2019.
In the first four months it increased 4.9 percent year-on-year.
Compared to March, six of 11 commodity groups reported falling prices, including transport (13.86 percent), housing and construction materials (2.33 percent), and other goods and services (0.13 percent).
The April CPI was down 1.63 percent in rural areas and 1.45 percent in urban areas.
Gold prices increased 0.69 percent against March and the USD exchange rate was up 0.95 percent.
The GSO also noted that basic inflation (the CPI minus foodstuffs, fresh food, energy, health care, and education services) fell 0.15 percent in April against the previous month but was up 2.71 percent year-on-year. The figure for the first four months was up 2.96 percent year-on-year./.
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