HCM City CPI down 0.17 percent in November hinh anh 1Illustrative image (Source: VNA)
HCM City (VNA)Consumer price index (CPI) of Ho Chi Minh City in November decreased 0.17 percent over October, but rose 1.83 percent compared to the same time last year.

According to the city Statistics Office, compared to the previous month, downturn was seen in four goods groups, including foodstuffs and catering services (1.41 percent), post and telecommunications services (0.09 percent), culture, entertainment and travel (0.03 percent) and education (0.03 percent). Other groups saw price hikes of between 1.01 percent and 3.1 percent. 

Due to abundant supply, the prices of a number of foodstuffs and food fell considerably, led by fresh aquatic products at 4.93 percent, meat at 4.85 percent, and vegetables 4.84 percent.

However, according to the city Statistics Office, despite the drop, the prices of food and foodstuffs in the city remained high compared to the period before COVID-19 broke out.

Meanwhile, the prices of housing, water and electricity supply services and construction materials increased 1.01 percent over October after support policies in water and power prices end.

Similarly, transportation prices also rose 3.1 percent month on month, mostly because of 6.94 percent increase in fuel prices.

In November, gold price rose 3.20 percent compared to October and 5.28 percent year on year, while USD price dropped 0.14 percent and 0.26 percent respectively./.