According to the General Statistics Office, prices of 11 major commodity groups posted growth, with medicine and healthcare services facing sharpest hike.
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.
Members of the Steering Committee on Price Management shared the view that CPI will grow by less than 4 percent this year, citing the positive outcomes of the first three quarters and price forecast for the last quarter.
Vietnam’s consumer price index (CPI) in September rose 0.59 percent, the highest level in 10 months except for August due to increasing tuition fees. However, experts said that inflation in the whole year will stand below 4 percent as such administrative changes that can be controlled.
The Consumer Index (CPI) in October gained 0.41 percent over September and 2.98 percent year-on-year, largely driven by impacts of storms and historic floods in northern and central Vietnam earlier this month.