October’s Consumer Price Index (CPI) saw a slight increase of 0.85 per
cent compared with the previous month and a year-on-year increase of 7 per
cent.
This drove the CPI in the past
ten months up to 9.66 per cent in comparison with the same period last year,
said the General Statistics Office (GSO) on October 24.
According to the Head of the
GSO’s Price Department, Nguyen Duc Thang, out of the 11 baskets of commodities
measured, only post and telecommunications services saw a decrease, by 0.02 per
cent. The remainder enjoyed an increase of 0.17 to 5.94 per cent.
The highest price rise was
recorded in medicine and healthcare services, in which healthcare services
alone saw a rise of 7.78 per cent against the previous month, making up 0.31
per cent of the country’s CPI.
They were followed by education
with a rise of 1.88 per cent, in which education services saw a month on month
increase of 2.1 per cent, as tuition fees were raised in many cities and
provinces nationwide.
Construction materials
experienced a rise of 1.09 per cent, as gas prices and fuel rose by 3.7 per
cent from the previous month.
In October, the cost of transport
services continued to rise by 0.62 per cent.
Restaurants and catering
services, which account for 40 per cent in the goods basket, saw a slight
increase of 0.29 per cent, of which food rose by 0.37 per cent while foodstuffs
experienced an increase of 0.28 per cent after falling for four consecutive months.
According to the GSO, in one
month, the CPI in Hanoi inched up by 0.37 per cent against last month ,while
the corresponding index in Ho Chi Minh City increased by 0.4 per cent.
VIR/VNA
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