CPI rise hits five-year record low of 1.84% in 2021: GSO

VOV.VN - This year’s consumer price index (CPI) rose by 1.84% compared to 2020’s figure, marking the lowest increase in Vietnam since 2016, the General Statistics Office (GSO) announced on December 29.

The index this December fell by 0.18% from November but increased by 1.81% against December 2020.

The low CPI rise can largely be attributed to falling fuel and gas prices in the global market, a low purchasing power and school tuition fee exemption/reduction due to the prolonged COVID-19 outbreak.

The December core inflation inched up by 0.16% from November and rose by 0.67% from the same period last year.

Meanwhile, gold prices in December grew by 0.25% from the previous month and 1% from last year.

Notably, the value of the US dollar this December also increased by 0.84% compared to November, but endured a drop of 0.58% from December 2020.

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11-month CPI hits five-year record low
11-month CPI hits five-year record low

VOV.VN - Vietnam’s Consumer Price Index (CPI) in November rose by 0.32% from October, prompting the 11-month CPI to expand by 1.84%, the lowest growth rate since 2016, the General Statistics Office (GSO) announced on November 29.

11-month CPI hits five-year record low

11-month CPI hits five-year record low

VOV.VN - Vietnam’s Consumer Price Index (CPI) in November rose by 0.32% from October, prompting the 11-month CPI to expand by 1.84%, the lowest growth rate since 2016, the General Statistics Office (GSO) announced on November 29.