Price growth recorded in 8 goods categories in HCM City

Eight of the 11 surveyed goods categories in Ho Chi Minh City had price increases in October, leading to a 0.62-percent monthly rise in the local consumer price index (CPI).
Price growth recorded in 8 goods categories in HCM City ảnh 1Motorists have their vehicles filled at a fuel station (Photo: VNA)

HCM City (VNA) – Eight of the 11 surveyed goods categories in Ho Chi Minh City had price increases in October, leading to a 0.62-percent monthly rise in the local consumer price index (CPI).

This month’s CPI went up 3.15 percent from the same period last year, the city’s statistics office said on October 29.

The transport category posted the strongest price hike, 2.27 percent, from last month. That is attributable to higher petrol prices which were revised up 440 VND per litre on October 20.

Other categories with increased prices are education (2.05 percent); housing, electricity and water (0.56 percent); beverage and cigarette (0.45 percent); food and eating outside (0.37 percent); medicine and healthcare services (0.09 percent); and garment, footwear and hat (0.06 percent).

Meanwhile, price drops were seen in postal services and telecommunications (down 0.54 percent); along with culture, entertainment and tourism (0.2 percent).

Prices of household appliances and goods remained almost unchanged compared to those in September.

Sharing the same upward trend with CPI, the USD price index climbed 0.14 percent. The gold price index fell 1.73 percent month on month, the statistics office noted.-VNA

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