Five-month CPI up 3.55% on rising electricity retail price
VOV.VN - The nation’s consumer price index (CPI) during the first five months of the year edged up by 3.55% on-year, while core inflation rose by 4.83%, according to figures given by the General Statistics Office (GSO).
The CPI in May increased by 0.01% compared with April, marking a year-on-year increase of 2.43%.
Among the 11 main groups of consumer goods and services, eight groups witnessed a rise in price compared to the previous month, while three groups endured a downward trajectory.
The GSO attributed the CPI hike in the January to May period to an 8.39% increase in education services and a pickup of 6.62% in terms of housing and construction material prices.
The rise of electricity retail price was also a factor behind the rise, which contributed 2.59% to the overall growth.
The GSO said that the May core inflation had increased by 0.27% against April and 4.54% over the same period compared to 2022.
In the first five months of the year, the average core inflation increased by 4.83% compared to the same period from last year.
