CPI slightly increases in July
Illustrative image (Source: VNA)
Among the 11 main commodity groups, nine experienced price rises, including goods and other services with the highest rise of 0.94 percent; food and catering services (0.33 percent); education (0.22 percent); culture, entertainment and tourism (0.15 percent), beverage and tobacco (0.12 percent).
The prices of transportation; and housing, electricity, water and construction materials saw the same price drop of 0.03 percent.
Director of the GSO’s Price Statistics Department Do Thi Ngoc said the rise in July’s CPI was fuelled by high prices of food, especially pork which swelled 0.81 percent from the previous month.
In addition, the petrol price was up 0.04 percent compared to June, resulting in a 0.002 percent rise of the CPI of this good in July.
Meanwhile, the CPI of the health insurance group in July increased 6.67 percent month-on-month due to the increase of basic salary.
There was an increase in the tuition fees in some provinces and central-level cities under a Government Decree.
The VND/USD exchange rate in July decreased by 0.56 percent.
During the month, the domestic gold prices was around 3.97 million VND (171.06 USD) per tael, 4.78 percent higher than the previous month.
The GSO said core inflation (CPI exclusive of foodstuff, fresh food, energy, healthcare and education service) in July and the first seven months of 2019 respectively increased by 0.23 percent and 1.89 percent, compared to the same period last year.
Related News
Closely monitoring market fluctuations to consider appropriate time to adjust prices
09:30 | 26/04/2024 Finance
Wood exports started well
13:26 | 20/04/2024 Import-Export
Leverage to increase the scale of Vietnam - Laos trade turnover
10:51 | 15/04/2024 Import-Export
Vietnam-China trade reaches over US$ 27 billion
09:29 | 10/04/2024 Import-Export
Latest News
Vietnam ranks third in Southeast Asia in startup investment attraction
14:57 | 28/04/2024 Headlines
All-out efforts needed to get IUU yellow card removed: Minister
14:55 | 28/04/2024 Headlines
Vietnam expected to become e-commerce powerhouse in Southeast Asia
19:49 | 27/04/2024 Headlines
Vietnam ranks third in Southeast Asia in startup investment attraction
19:44 | 27/04/2024 Headlines
More News
Elevating the core values of the national brand
14:47 | 27/04/2024 Headlines
VN needs drastic reforms to create firm ground for economic growth: experts
13:57 | 26/04/2024 Headlines
E-commerce contributes $7 million in taxes during 2022-23
13:56 | 26/04/2024 Headlines
Standard Chartered revises down Vietnam’s GDP growth forecast in 2024 to 6%
13:51 | 25/04/2024 Headlines
Investor confidence gains traction on improved business climate
13:46 | 25/04/2024 Headlines
Vietnam's exports to Canada lead among CPTPP countries
09:41 | 25/04/2024 Headlines
Many new regulations aim to drastically remove the IUU "Yellow Card"
15:36 | 24/04/2024 Headlines
PM chairs meeting of national committee for digital transformation
13:42 | 24/04/2024 Headlines
Seize the golden opportunity as retail giants look for supplies in Vietnam
10:34 | 24/04/2024 Headlines
Your care
Vietnam ranks third in Southeast Asia in startup investment attraction
14:57 | 28/04/2024 Headlines
All-out efforts needed to get IUU yellow card removed: Minister
14:55 | 28/04/2024 Headlines
Vietnam expected to become e-commerce powerhouse in Southeast Asia
19:49 | 27/04/2024 Headlines
Vietnam ranks third in Southeast Asia in startup investment attraction
19:44 | 27/04/2024 Headlines
Elevating the core values of the national brand
14:47 | 27/04/2024 Headlines