Rising consumer demand drives up CPI in January
VOV.VN - The Consumer Price Index (CPI) in January rose by 0.98% month on month and by 3.63% year on year due to the rising prices of food and services during the 2025 Lunar New Year (Tet) holiday.
The General Statistics Office (GSO) unveiled that an upturn was recorded in the prices of nine groups of products and services, while a downturn was recorded in those of two remaining groups.
The highest rise was seen in the prices of medicine and healthcare services at 9.47% against December 2024, contributing 0.51% to the overall CPI increase.
It was followed by transportation services at 0.95%, food and catering services at 0.74%, beverage and tobacco at 0.69%, and other goods and services at 0.51%.
Meanwhile, the two groups of services recording fall in prices were education, down 0.04%, and post and telecommunications, down 0.12%.
January’s core inflation edged up 0.42% month on month and 3.07% year on year, according to the statistics agency.
