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HCM City’s CPI inches up 0.7% in August

Ho Chi Minh City’s consumer price index (CPI) rose by 0.7% in August, with eight out of the 11 groups of commodities and services witnessing an increase in prices, according to the municipal Statistics Office.
HCM City’s CPI inches up 0.7% in August ảnh 1Illustrative image (Photo: VNA)
HCM City (VNA) - Ho Chi Minh City’s consumer priceindex (CPI) rose by 0.7% in August, with eight out of the 11 groups of commodities and serviceswitnessing an increase in prices, according to the municipal Statistics Office.

The office reported that transportation prices recorded the highest growth of 4.15%.

On the downward trend, the prices of post andtelecommunications, culture and entertainment, and drugs and medicalservices decreased by 0.40%, 0.04%, and 0.02% compared to the previousmonth, respectively.

Gold price in August increased by 0.33%,while the price of US dollar rose by 0.51% compared to those in July.

According to the office, the CPI of the country's biggest city rose by 3.45% in the first eight months of 2023./.
VNA
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