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Home International Customs

Vietnam CPI reports 0.34% increase over same period last year

byCustoms Today Report
23/09/2015
in International Customs, Vietnam
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HANOI: This month’s Ha Noi consumer price index (CPI) report marks a 0.34 per cent increase over the same period last year. Among the 11 groups of products and services in the CPI bracket, the highest increases were seen in education, culture and entertainment, and home appliances.

Cheaper prices were recorded in housing, electricity, water and construction materials, most due largely to falling gas and kerosene prices around the globe. Predictably, transportation continued its downward trend with a 3.28 per cent decrease over the last month, which included two adjustments to petrol prices.

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Gold and US dollar prices increased in September by 3.36 per cent and 2.77 per cent, respectively. The CPI in HCM City decreased by 0.47 per cent this month, with six of the 11 main commodity groups reporting lower prices.

As in Ha Noi, transportation was the biggest loser, followed by housing, electricity and water. Notable price increases were seen in goods and other services, education, and soft drink and tobacco. The price of gold rose by 3.68 per cent in the month, but is 5.45 per cent lower than September of last year.

Tags: over same period last yearVietnam CPI reports 0.34% increase

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