VOV.VN - With the consumer price index (CPI) increasing by 1.47% during the first half of the year, the lowest rise since 2016, it remains entirely feasible for the country to keep inflation below 4% this year, said Nguyen Thi Huong, general director of the General Statistics Office (GSO).

Despite the complex developments of the COVID-19 pandemic, Vietnam’s overall macro-economy remains stable, with encouraging growth seen in industries and a low rise of average consumer price index (CPI).

VOV.VN - The World Bank has said the Vietnamese economy appears to have fared relatively well in light of the fourth coronavirus outbreak, but warned several signs suggest slowdown in economic activity if the pandemic is not contained in the short term.

The average consumer price index (CPI) in the first four months of this year inched up 0.89% from the same period last year, the lowest rise for the first four months of a year since 2016 and clearing the way for the country to achieve its goal of keeping inflation at below 4% for the year.

The average consumer price index (CPI) in the first four months of this year inched up 0.89% from the same period last year, the lowest rise for the period since 2016 and clearing the way for the country to achieve its goal of keeping inflation at below 4% for the year as a whole.

The Ministry of Finance (MoF)'s Price Management Department will actively set up scenarios for managing prices of essential goods according to the market performance, but still ensuring inflation control as targeted, said director of the department Nguyen Anh Tuan.

While the expansion of the consumer price index (CPI), seen as a gauge for inflation, remained under control, growing prices of input materials and heating up economic activities are factors that could increase inflationary pressure on the remaining months of the year.

The consumer price index (CPI) in Ho Chi Minh City inched up 0.001% in April against March, according to the city’s Statistics Office.

The COVID-19 pandemic has impacted economies and commodity markets globally, including Vietnam, and domestic prices will continue to fluctuate and be more closely linked to the fluctuations of raw material and fuel prices on the world market.

The consumer price index (CPI) in the capital city grew up 1.8% in February from the previous month, according to the Hanoi Statistics Office.