The consumer price index ( CPI ) in April increased slightly by 0.02 percent against the previous month, the lowest level for the same period since 2004, according to the General Statistics Office (GSO).
The GSO on April 24 added that with the latest small increase, the CPI showed an accumulative rise of 2.41 percent compared to last December, and 6.61 percent higher than that of April last year.
Eight out of 11 categories of the goods basket experienced rises from 0.05 percent to 3.62 percent with medicine and health service seeing the highest increase and education registering the lowest one.
According to Nguyen Duc Thang, Head of GSO’s Price Statistics, increases in medicine and health service and transport, at 3.62 percent and 1.2 percent, respectively, were attributable to the country’s CPI small rise in April, despite the decline of the figures in Hanoi and Ho Chi Minh City.
In April, prices of foods and catering services, which accounted for the almost 40 percent in the goods basket, fell by 0.91 percent as supply was higher than demand.
Thang said despite a long holiday in early May, consumers tend to cut down their expenses due to economic difficulties. As a result, CPI in May is expected to see a slight increase as in April.-VNA
The GSO on April 24 added that with the latest small increase, the CPI showed an accumulative rise of 2.41 percent compared to last December, and 6.61 percent higher than that of April last year.
Eight out of 11 categories of the goods basket experienced rises from 0.05 percent to 3.62 percent with medicine and health service seeing the highest increase and education registering the lowest one.
According to Nguyen Duc Thang, Head of GSO’s Price Statistics, increases in medicine and health service and transport, at 3.62 percent and 1.2 percent, respectively, were attributable to the country’s CPI small rise in April, despite the decline of the figures in Hanoi and Ho Chi Minh City.
In April, prices of foods and catering services, which accounted for the almost 40 percent in the goods basket, fell by 0.91 percent as supply was higher than demand.
Thang said despite a long holiday in early May, consumers tend to cut down their expenses due to economic difficulties. As a result, CPI in May is expected to see a slight increase as in April.-VNA
