HCM City inflation rises 0.58% in June
(VOV) - Ho Chi Minh City’s consumer price index (CPI) for June increased 0.58% over the previous month and 1.1% compared to December 2013, according to the municipal statistics office.
The only basket of goods reflecting a significant increase in cost for June was drugs and medical services which rose 8.69% over May, the highest increase ever reported in any one monthly period.
This was the direct result of a decision by the HCM City municipal People’s Committee to raise the prices of medical services in public hospitals from June 1, the municipal statistics office reports.
Three among eleven baskets of goods showed decline compared to May including tourism down 0.13%, telecommunications (down 0.35%) and beverages and cigarettes (down 0.05%).
Meanwhile, gold prices and the price of US dollar saw increases of 2.7% and 0.86%, respectively from a month earlier.