HCM City’s CPI falls 0.09 percent in March

The consumer price index (CPI) of Ho Chi Minh City in March fell 0.09 percent from the previous month, but rose 5.6 percent compared to the same period last year, reported the municipal Statistics Office on March 30.
HCM City’s CPI falls 0.09 percent in March ảnh 1Illustrative image (Source: VNA)
HCM City(VNA) – The consumer price index (CPI) of Ho Chi Minh City in March fell 0.09percent from the previous month, but rose 5.6 percent compared to the sameperiod last year, reported the municipal Statistics Office on March 30.

According to the office,the prices of three out of 11 goods groups saw a month-on-month decline, withthe largest fall of 1.13 percent seen in food and catering services.

The prices of foodstuffreduced by 1.61 percent, while that of restaurant services decreased by 0.63percent and food by 0.03 percent.

A drop of 0.07 percent wasalso recorded in the prices of culture, entertainment and tourism services, whilethe prices of goods and other services fell by 0.01 percent.

An official of the HoChi Minh City Statistics Office said that in March, goods groups with rising pricesinclude transport (up 0.47 percent); housing, electricity, water, fuel andconstruction materials (up 0.93 percent).

At the same time, theprices of drinks and cigarette went up 0.13 percent, while that of garments, hatsand footwear upped 0.08 percent; equipment, household and appliance climbed up0.2 percent; and medicine and healthcare services rose 0.04 percent.

In March, gold price declined0.73 percent, while that of US dollar dropped 0.05 percent month-on-month.-VNA
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