Vietnam ’s consumer price index (CPI) in 2013 is predicted to increaseby about 6 percent as compared with the previous year, the lowest raterecorded over the past decade.
According to Nguyen Bich Lam,head of the General Statistics Office (GSO), with this level ofacceleration in the CPI, the National Assembly’s target of curbinginflation in 2013 is within the reach.
He attributed the rateto the Government’s management as well as efforts made by branches andagencies to drastically implement measures and policies on controllinginflation, market prices and the supply and demand of goods duringyear-end months.
Abundant foodstuff thanks to bumper cropsthis year, plus low purchasing power have also contributed to theperformance, he added.
Lam further said that as many as 17cities and provinces nationwide have adjusted healthcare cost, resultingin a rise of 19.5 percent in the CPI of medicines and healthcareservices.
Lam blamed localities’ increase of tuition fees,hikes in the prices of oil and gas, and electricity, and consequences of15 storms that have so far hit Vietnam this year on the of CPIacceleration rate.
The official forecast that the DecemberCPI will not climb to a high level. However, he added, the CPI inJanuary 2014 is expected to see a high jump due to high demands forcommodities during the Tet (Lunar New Year) holiday.
The GSO forecast that the CPI will edge up only 7 percent next year, he said.-VNA
According to Nguyen Bich Lam,head of the General Statistics Office (GSO), with this level ofacceleration in the CPI, the National Assembly’s target of curbinginflation in 2013 is within the reach.
He attributed the rateto the Government’s management as well as efforts made by branches andagencies to drastically implement measures and policies on controllinginflation, market prices and the supply and demand of goods duringyear-end months.
Abundant foodstuff thanks to bumper cropsthis year, plus low purchasing power have also contributed to theperformance, he added.
Lam further said that as many as 17cities and provinces nationwide have adjusted healthcare cost, resultingin a rise of 19.5 percent in the CPI of medicines and healthcareservices.
Lam blamed localities’ increase of tuition fees,hikes in the prices of oil and gas, and electricity, and consequences of15 storms that have so far hit Vietnam this year on the of CPIacceleration rate.
The official forecast that the DecemberCPI will not climb to a high level. However, he added, the CPI inJanuary 2014 is expected to see a high jump due to high demands forcommodities during the Tet (Lunar New Year) holiday.
The GSO forecast that the CPI will edge up only 7 percent next year, he said.-VNA
