HCM City’s April CPI falls slightly

Ho Chi Minh City’s consumer price index (CPI) in April was down 0.33 percent from last month, making an overall rise of 0.82 percent since the start of this year.
Ho Chi Minh City’s consumer price index (CPI) in April was down 0.33percent from last month, making an overall rise of 0.82 percent sincethe start of this year.

According to the city’sStatistics Office, its April CPI was up 2.44 percent from 12 months ago,the lowest increase over the period since 2002.

Anincrease was recorded in the groups of transport; apparel-hats-footwear;culture, entertainment and tourism; household equipment; healthcareservices; education; beverages and cigarettes.

Meanwhile, prices of the food and restaurant services group decreasedtogether with accommodation-electricity-water-fuel; building materials;postal and telecommunication services. Of which, food prices saw a sharpdecline of 2.07 percent.

Experts attribute the decrease in food prices to poor exports, large inventory levels and average consumption.

At present, the supply of fresh food and vegetables is abundant, andprices of key commodities are regularly checked by relevant agencies,preventing unreasonable price increases in the city’s market.

Duringthe month, the prices of gold and the USD fell by 1.63 percent and 0.50percent, respectively, compared to last month’s figures.-VNA

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