Illustrative photo. (Source: VNA)HCM City (VNA) - HCM City’s consumer price index (CPI) rose by 0.65 percent in October compared to September, the municipal Statistics Office reported on October 29.
The figure was up 0.75 percent compared to the end of 2019 and 2.37 percent year-on-year.
The price of food and catering services rose 0.09 percent month-on-month, with the price of food up 0.6 percent, largely owing to growing orders from the Philippines triggering increases in rice prices. The price of foodstuffs gained 0.12 percent, with the highest growth seen in fresh, dried, and processed vegetables.
The price of beverages and cigarettes edged up 0.19 percent, while that of housing, electricity, water, energy, and construction materials was up 0.96 percent. Rental rates for houses and apartments went up 1.10 percent, as the result of an increase in demand from students at the start of the new academic year.
Meanwhile, the price of garments, hats, and footwear fell 0.28 percent against September, due to falling demand. The price of transport was down 0.06 percent, as fuel prices were cut 0.11 percent. Home equipment and appliances also saw prices down 0.29 percent due to many promotional programmes in October.
The gold price slipped 0.83 percent month-on-month in October, while the US dollar gained 0.01 percent. The 10-month price index of gold surged 29.61 percent year on year, and that of the US dollar up 0.25 percent./.
VNA
