HCM City CPI drops 0.2% in August
Ho Chi Minh City’s consumer price index (CPI) in August dropped 0.2% over the previous month, but rose 1.78% over the same time last year, reported the municipal Statistics Office on August 24.
In August, decreases were seen in prices of three goods groups, leading by transportation with a 2.4% month on month reduction due to the falling fuel price.
Post and telecommunication prices fell a slight 0.07%, while food and catering service prices declined 0.19%.
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Meanwhile, an upturn was seen in the remaining groups, with prices of goods and other services rising 0.22%; culture and entertainments 0.2%; and housing, water, power, fuel and construction materials, 0.18%.
Drop was also recorded in prices of education with 0.18%; garments, hats and footwear 0.01%; home equipment and appliances 0.09%; and beverage and cigarette 0.01%.
The prices of pharmaceuticals and health care services stayed stable during August.
The same month, the US dollar price was down 0.04%, while gold price rose 2.23% month on month.
