The consumer price index increased by 0.22 percent over the last month and has increased by 8.69 percent since a year ago, the General Statistics Office reported June 23.
Ten out of 11 commodities used to calculate the CPI increased between 0.01 percent and 0.62 percent, including drinking, tobacco, post and telecom services, and home utensils and equipment.
In particular, price increase of housing and construction materials was at a low level compared with previous months because prices of steel and other building materials declined.
Prices of food, catering services and telecommunication recovered in June after many months of consecutive declines. The price surged by 0.37 percent for food and catering services but that of rice declined by 0.83 percent.
The slight increase in the CPI in June was attributable to drops in the prices of rice as well as the price of many other essential commodities, such as petrol, oil, building materials, medicines and food.
In June, the gold price rose 3.09 percent compared to May because fluctuations in the economic situation in the US and the EU pushed up demands on gold reserves.- Enditem
Ten out of 11 commodities used to calculate the CPI increased between 0.01 percent and 0.62 percent, including drinking, tobacco, post and telecom services, and home utensils and equipment.
In particular, price increase of housing and construction materials was at a low level compared with previous months because prices of steel and other building materials declined.
Prices of food, catering services and telecommunication recovered in June after many months of consecutive declines. The price surged by 0.37 percent for food and catering services but that of rice declined by 0.83 percent.
The slight increase in the CPI in June was attributable to drops in the prices of rice as well as the price of many other essential commodities, such as petrol, oil, building materials, medicines and food.
In June, the gold price rose 3.09 percent compared to May because fluctuations in the economic situation in the US and the EU pushed up demands on gold reserves.- Enditem
