HCM City’s CPI rises 0.9 percent in September

HCM City (VNA) - The consumer price index (CPI) in the southern economic hub of Ho Chi Minh City in September increased 0.9 percent from the previous month and 4.12 percent over the same period last year, reported the municipal Statistics Office on September 29.

According to the office, out of 11 surveyed commodity groups, education saw the highest price hike of 11.2 percent due to high demand in the beginning of the school year.

Meanwhile, transport services rose 0.99 percent as a result of petroleum price adjustment in September, the fifth consecutive increase in the year.

Other groups which experienced price hikes against August included housing, electricity, water, fuel and construction materials (0.3 percent); garments, hats, footwear (0.15 percent); other goods and services (0.02 percent); and drinks and cigarettes (0.01 percent).

The prices of of culture, entertainment and tourism services dropped 0.29 percent; home appliance and drinks, down 0.19 percent; posts and telecommunication, down 0.05 percent; and restaurants and catering services, down 0.02 percent.

In September, the gold price increased 0.93 percent, while that of US dollar dropped 0.01 percent month-on-month.-VNA