HCM City: CPI inches up 0.6 percent in June

The consumer price index (CPI) in Ho Chi Minh City increased by 0.6 percent in June compared with the previous month, and 3.13 percent from the beginning of the year.

The consumer price index (CPI) in Ho Chi Minh City increased by 0.6 percent in June compared with the previous month, and 3.13 percent from the beginning of the year.

According to the city’s Statistics Department, foodstuff prices rose by 0.9 percent while food grain prices dropped 0.68 percent.

Other commodities seeing price increases included housing and construction materials with 1.41 peercent, household equipments and utensils with 0.74 percent, tourist and entertainment services with 0.7 percent.

Postal and telecommunications services saw a CPI decline of 3.95 percent, and medicines and medical services – 0.34 percent.

Experts predicted that the rice prices, which are now rather low, will continue to drop, while prices of construction materials, fuels and electricity will rise./.

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