HCM City’s February CPI up 1 pct
HCM City’s Consumer Price Index (CPI) in February went up by 1 percent and 1.44 percent compared to those of the previous month and last December respectively.
According to the municipal Statistics Office, beverage and cigarette saw the highest price rise of 3.34 percent due to the high demand during the Lunar New Year festival. Other commodity and service baskets increased by 1.45 percent.
Thanks to the Price Stabilization Programme, food and restaurant services rose by only 1.42 percent.
Slight increases were seen in prices of garments and footwear, up by 0.70 percent; household appliances, 0.54 percent; culture-entertainment-tourism services, 0.41 percent, and educational products and services, 0.10 percent.
Medicines and healthcare services did not experience any price hike. During the month, the gold price decreased markedly by 1.30 percent while the US dollar price rose slightly by 0.02 percent.