HCM City’s CPI falls 0.3 percent in March
The CPI of Ho Chi Minh City in March fell 0.3 percent from the previous month, but rose 2.2 percent compared to the same period last year, reported the municipal Statistics Office on March 29.
CPI of Ho Chi Minh City in March fell 0.3 percent from the previous month (Source: VNA)HCM City (VNA) - The consumer price index (CPI) of Ho Chi Minh City in March fell 0.3 percent from the previous month, but rose 2.2 percent compared to the same period last year, reported the municipal Statistics Office on March 29.
According to the office, the prices of six out of 11 goods groups saw a month-on-month decline, with the largest fall of 0.68 percent recorded in transport.
It was followed by housing, electricity, fuel, and construction materials, by 0.53 percent; drinks and cigarette by 0.5 percent; culture, recreation and tourism by 0.27 percent.
A drop of 0.3 percent was also recorded in restaurant services, while the prices of commodities and other services fell by 0.22 percent.
Meanwhile, the prices of equipment and household drinks climbed 0.21 percent; medicines and healthcare services rose 0.05 percent; apparels, hats and footwear were up 0.09 percent in the month.
The prices of post and telecommunication and education remained unchanged, the office said.
Earlier, Hanoi announced that its March CPI declined 0.22 percent over the previous month but increased 2.7 percent over the same period last year.
Major reason for the drop is a reduction in prices of three goods groups - food and catering services; housing, electricity, fuel and construction materials; and transportation.
The average index in the first three months of this year rose 2.54 percent over the same period last year. An upturn was seen in 10 groups of goods and the only one experienced a fall.-VNA
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