HCM City’s CPI up 0.38 percent in October hinh anh 1Illustrative image (Source: VNA)

HCM City (VNA) –
The southern metropolis of Ho Chi Minh City posted a month-on-month rise of 0.38 percent in the consumer price index (CPI) in October, the municipal Statistics Office reported.

The office said the city’s CPI grew 3.78 percent in the January-October period as compared with the corresponding time last year.

Seven out of the 11 commodity groups recorded price hikes , namely food and catering services (up 0.5 percent), beverage and cigarette (0.04 percent), housing fees (0.37 percent), medicine and healthcare services (0.02 percent), transport (1.09 percent), education (1.09 percent), education (0.15 percent), and other goods and services (0.08 percent).

Meanwhile, three other groups saw price declines, including apparel, headwear and footwear (down 0.09 percent), postal and telecom services (0.09 percent), and culture, entertainment and tourism (0.02 percent). The group of household utensils maintained their prices.

Experts pointed out factors that pushed up the CPI such as the African swine fever, floods and rising world gas price.

According to the office, the price of gold in October was down 0.71 percent month-on-month, but up 14.96 percent against December 2018 and 14.68 percent year-on-year.

The price of US dollars in the month also decreased 0.01 percent as compared with September, 0.47 percent against December 2018 and 0.56 percent year-on-year./.