Ho Chi Minh City’s CPI drops slightly

Ho Chi Minh City’s January consumer price index (CPI) inched down 0.48% from last month as a result of recent reductions in petrol, oil and gas prices.

Annually, these figures mark a rise of 0.76%. 

During the month, transportation recorded the steepest decrease of 4.8%; followed by housing, electricity, water, fuel and construction materials (1.5%), post and telecommunication (0.16%), and household utensils (0.03%). 

Price increases were seen in goods and services (0.92%), beverages and tobacco (0.22%), restaurant services (0.20%), apparel and footwear (0.19%), and culture and entertainment (0.10%).
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