April’s consumer price index down 0.34% m-o-m

The consumer price index (CPI) in April decreased by 0.34% month-on-month, but increased by 2.81% year-on-year, according to the General Statistics Office (GSO).
April’s consumer price index down 0.34% m-o-m ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) - The consumer price index (CPI) in April decreased by0.34% month-on-month, but increased by 2.81% year-on-year, according to theGeneral Statistics Office (GSO).

In the first four months of this year, the index rose by3.84% y-o-y, mainly due to increases in prices of education, housing and constructionmaterials, culture, entertainment and tourism, food, and electricity.

In April, seven out of the 11 groups of main consumer goodsand services witnessed price decreases, and the remainders saw rises.

Notably, a 0.38% fall in the price of food and cateringservices caused a decline of 0.13 percentage point of the CPI.

Gold prices in April were up 2.04% m-o-m, but down 1.09% y-o-y.In the January-April period, the prices rose by 0.66% y-o-y.

Meanwhile, the USD price in April fell 0.89% m-o-m, but roseby 2.5% y-o-y, leading to a y-o-y increase of 3.21% in the first four months ofthis year.

According to the GSO, this month, core inflation increasedby 0.13% over the previous month, and by 4.56% over the same period last year.On average, in the first four months, it increased by 4.9% y-o-y, higher thanthe overall average CPI (3.84%)./.
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