According to a joint statement released on April 23 by the Monetary Authority of Singapore and the Ministry of Trade and Industry Singapore, overall inflation rose to 1.8% year-on-year, up from 1.2% in February.
The national consumer price index (CPI) in July grew by 0.45% month-on-month, fueled by higher prices of food, foodstuff and electricity, the General Statistics Office (GSO) said on July 29.
Indonesian Investment Minister Bahlil Lahadalia has said that Indonesians must prepare against a potential hike in fuel prices as the government looks to control its ballooning energy subsidies amid high global oil prices.
The retail prices of oil and petrol continued to rise from June 13 following the latest adjustment by the Ministry of Industry and Trade and Ministry of Finance.
The State Bank of Vietnam’s transaction centre this week raised the reference buying rate for the US dollar by 50 VND to 22,725 VND, revealing its intention to expand foreign reserves.
Retail prices of RON 92 petrol and E5 bio-fuel increased by 304 VND and 301 VND per litre, respectively, from 7:00 pm on December 5, according to the Ministries of Industry & Trade and Finance.
Vietnam’s automobile sales in March shot up 112 percent from the previous month, amounting to some 24,802 units, the Vietnam Automobile Manufacturers’ Association (VAMA) announced on April 8.
Retail petrol prices were raised by 612 VND (0.027 USD) per litre as of September 18 following five price cuts in a row since July 4 with a combined reduction of 3,000 VND (0.133 USD) per litre.
