CPI in August slightly increases

15:04 | 29/08/2016 Society Follow Ven.vn on

The Consumer Price Index (CPI) in August rose 0.1% against the previous month and witnessed a year-on-year increase of 2.57%, the lowest figure recoded over the recent 10 years, according to the General Statistics Office on August 24.

Photo: Vietnam News Agency

In comparison with December last year, the CPI increased 2.58%. The average CPI growth in eight months picked up 1.91% against the same period last year.

Six out of 11 commodities and services witnessed increases in prices such as medicine and health service up 6.18%, education up 0.47%, garment, hats and footwear up 0.14%, other services up 0.11%, beverage and tobacco up 0.05% and household equipment up 0.05%.

The adjustment in oil and gas price led to the reduction in transport price of 1.97 %, contributing to the reduction of 0.17% in the CPI.

The core inflation rate in August saw an increase of 0.09% against the previous month and a year-on-year increase of 1.83%, the lowest figure recorded over the recent seven years./.

Source: VGP

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