HCM City’s CPI drops 1.58 percent in April hinh anh 1Illustrative photo. (Source: VNA)

HCM City (VNA)
Ho Chi Minh City’s consumer price index (CPI) in April fell 1.58 percent from the previous month and 1.04 percent compared to December 2019, according to the city’s Statistics Office.

However, the April CPI rose 2.33 percent year on year, the office said. 

The prices of four of the 11 groups of goods and services used to calculate the CPI saw month-on-month declines, with the strongest fall of 15.52 percent recorded in transport as a result of lower travel demand during the COVID-19-triggered social distancing period.

The prices of housing, electricity and water, fuel and building material, and  were reduced by 1.22 percent, and entertainment and travel services by 0.26 percent, while that of garments, headgear and footwear decreased by 0.11 percent.

Meanwhile, four groups saw price increases, including the food and catering services (0.65 percent), equipment and home appliances (0.18 percent), telecommunication services (0.01 percent), and other goods and services (0.14 percent)./.