HCM City’s CPI goes up 2.36 percent this year
This year’s average consumer price index (CPI) in Ho Chi Minh City grew 2.36 percent from 2020, the municipal Statistics Office reported on December 30.
A consumer shops at a supermarket in HCM City (Photo: VNA)The CPI in December fell 0.3 percent month on month but still rose 1.24 percent from the same period last year.
During the month, prices of food and catering services declined 0.25 percent from November while those of housing, electricity, water, fuel, and construction materials down 0.38 percent. The transport category also saw a drop of 1.62 percent in prices, the office noted.
It said that in 2021, prices of some groups of commodities changed as a result of the complicated COVID-19 situation and the months-long social distancing, which led to the surge in demand for grain food and foodstuff in certain points of time.
However, local authorities have swiftly carried out programmes to ensure the flow of goods and stabilise prices. Besides, the State’s policies and businesses’ moves to assist pandemic-hit consumers such as cutting down power and water prices, reducing or exempting school fees, and decreasing house rent have also supported the price control, according to the Statistics Office./.
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