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.
VOV.VN - The General Statistics Office (GSO) unveiled on April 29 that the consumer price index (CPI) in April slipped by 0.04% compared to the previous month but rose by 1.27% from the figure recorded last December.
The March CPI in Hanoi fell 0.21% month-on-month but rose 1.12% year-on-year, according to the municipal Statistics Office.
VOV.VN - The gross domestic product (GDP) during the initial quarter of the year is estimated to have recorded an increase of 4.48% compared to the same period from last year, according to data released by the General Statistics Office (GSO) at a press conference held on March 29 in Hanoi.
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.
While there are several upside risks, moderating food prices should keep Vietnam’s inflation under control.
The Ministry of Labour, Invalids and Social Affairs (MoLISA) is collecting ideas on a draft proposal to the Government in which the National Wage Council suggests it not raise the region-based minimum wage in 2021 after considering the socio-economic circumstances.
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.
The consumer price index (CPI) in the southern largest economic hub of Ho Chi Minh City increased 1.19% in February from the previous month, according to the city’s Statistics Office.