HCM City: CPI down 0.33 % in May

Ho Chi Minh City’s consumer price index (CPI) in May went down 0.33 % from the previous month and 1.38 % compared to December 2019, according to the city’s Statistics Office.

hcm city: cpi down 0.33 % in may hinh 0
However, the May CPI rose 1.4 % on-year, the office said.

Three of the 11 groups of goods and services used to calculate the CPI saw month-on-month price declines. The transport group saw the strongest fall of 2.29 %, followed by food and catering services with 0.41 % and housing, electricity, water, fuel and building materials with 0.97 %.

The groups of garment-headgear-footwear and education saw no fluctuations during the period, while all other groups recorded price increases. 

In the first five months of 2020, the municipal average CPI increased 3.76 % annually.


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