HCM City’s CPI drops 1.58% in April

Ho Chi Minh City’s consumer price index (CPI) in April fell 1.58% from the previous month and 1.04% compared to December 2019, according to the city’s Statistics Office.

hcm city’s cpi drops 1.58% in april hinh 0
Illustrative photo. (Source: VNA)
However, the April CPI rose 2.33 % year on year, the office said. 

The prices of four of the 11 groups of goods and services used to calculate the CPI saw month-on-month declines, with the strongest fall of 15.52 % recorded in transport as a result of lower travel demand during the COVID-19-triggered social distancing period.

The prices of housing, electricity and water, fuel and building material, and  were reduced by 1.22 %, and entertainment and travel services by 0.26 %, while that of garments, headgear and footwear decreased by 0.11 %.

Meanwhile, four groups saw price increases, including the food and catering services (0.65 %), equipment and home appliances (0.18 %), telecommunication services (0.01 %), and other goods and services (0.14 %).

VNA

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