Ho Chi Minh City’s CPI falls by 0.09% in May

Ho Chi Minh City’s consumer price index (CPI) in May decreased slightly by 0.09% from April, the municipal Statistics Office announced on May 30.
Ho Chi Minh City’s CPI falls by 0.09% in May ảnh 1A man chooses toys for toddlers at a supermarket in Ho Chi Minh City. (Photo:VNA)

HCM City (VNA) - Ho Chi Minh City’s consumerprice index (CPI) in May decreased slightly by 0.09% from April, the municipalStatistics Office announced on May 30.

Six of the 11 groups of main consumer goods andservices witnessed price increases, three others saw price decreasesand two remained unchanged.

During the month, prices of housing, fuel and construction materials increased by 0.59%, equipment and household appliances by0.01% and other services and goods rose by 0.43%.

Meanwhile, a decline was seen in the transportation sector(2.95%) and post and telecommunications (0.29%).

According to the office, the city’s CPI increased by 4.01% in the first five months of this year, except for the post andtelecommunications group which decreased by 0.26% and the transportation by3.23%.

Groups with high growth include restaurants and food serviceincreased by 4.51%; beverages and tobacco (4.62%); housing and constructionmaterials (5.13%); culture and entertainment (5.29%) and education (15.29%).

Gold price in May increased 0.1% while the price of US dollar fell by0.06 compared to those in April./.

VNA

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