Unlike previous months, Ho Chi Minh City recorded a month-on-month decline of 0.07% in its December consumer price index (CPI), the municipal Statistics Office said on December 30.
Vietnam recorded year-on-year growth of 3.15% in the 2022 consumer price index (CPI) while core inflation increased 2.59%, the General Statistics Office (GSO) said on December 29.
Though the gap between domestic and global gold prices is significant, Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong said it is reasonable due to restricted supply.
Consumer price index (CPI) of Ho Chi Minh City in November decreased 0.17 percent over October, but rose 1.83 percent compared to the same time last year.
Ho Chi Minh City’s consumer price index (CPI) in October went down 0.41 percent month-on-month and moved up 2.02 percent year-on-year, reported the municipal Statistics Office on October 29.
With gold no longer being a speculative asset class or cash substitute, the Government should have a more reasonable policy for managing it, according to experts.
Investors are pinning their hopes on different investment channels this year despite the many difficulties and risks brought about by COVID-19, analysts have said.
The consumer price index (CPI) in Ho Chi Minh City in September went up by 0.17 percent in comparison to the previous month, the municipal Statistics Office reported on September 29.
Domestic gold prices kept soaring this morning to pass the historic high on July 6, reaching 50.32 million VND (2,172 USD) per tael (1.2 ounces). The prices of the yellow metal went up in the global market.
The February consumer price index (CPI) slipped 0.17 percent from the previous month due to falling demand for goods after Lunar New Year (Tet) holiday, falling petrol prices, and the coronavirus disease 2019 (COVID-19) outbreak, according to the General Statistics Office (GSO).