The consumer price index (CPI) in Ho Chi Minh City in November gained 0.17 percent on a monthly basis and 4.32 percent year-on-year, the municipal Statistics Office announced on November 29.
The year of 2017 is considered a successful year in inflation control, as the average CPI increased 3.53 percent over 2016 and 2.6 percent compared to December 2016, fulfilling the target of keeping the rate under 4 percent for the whole year, said Director of the General Statistics Office (GSO) Nguyen Bich Lam.
The Government is capable of curbing the 2018 inflation rate at less than 4 percent as set by the National Assembly, according to Deputy Prime Minister Vuong Dinh Hue.