Ho Chi Minh City 's consumer price index in May rose 2.38 percentagainst last month, a 16.23 percent rise compared to the same periodlast year, according to the municipal Statistics Office.
The index rose by 10.86 percent compared to December, 2010.
Of the commodities, only post and telecom services had their prices dropped.
The commodities posting the highest growth were medicines and medicalservices, food and restaurant services, housing, electricity, water,fuel and construction materials, and transportation services.
Other commodities, including garment, headwear and footwear; householdutensils and appliances; cultural, entertainment and tourism services;beverages and cigarettes; and education services saw slight increases.
According to market experts, retail prices offoodstuff continued to surge 2.05 percent due to a price hike of cerealsand processed food. Besides, wholesale and retail prices of rice stillstood at a high level due to impacts of rice purchase for exports.
In the foodstuff group, after experiencing a price hike last month,prices of raw poultry, processed meat, eggs and cooking oil continued toclimb.
In the housing, electricity, water, fuel andconstruction materials group, gas prices jumped by 5.97 percent,petroleum, up 5.98 percent, cement, up 6 percent, while constructionsteel prices dropped slightly by 2 percent.
The price of transportation services increased as petroleum prices rose by 2,000 VND per litter from March 29.
Also during this month, gold prices rose 1.57 percent while US dollar prices fell 2.66 percent against the previous month./.