Hanoi (VNA) - Vietnam’s consumer price index (CPI) in January hit a record high, up 1.23 percent over the previous month and 6.43 percent year on year, according to the General Statistics Office (GSO). This is the highest January CPI growth recorded in the last seven years. Compared to the previous month, an upturn was seen in the prices of ten out of 11 main groups of goods and services, leading by food and catering services (2.29 percent). It was followed by housing and construction materials (1.47 percent); goods and other services (0.92 percent); transport (0.69 percent); drinking and tobacco (0.65 percent); garment and textile, headwear and footwear (0.33 percent); household equipment and products (0.27 percent); and culture, entertainment and travel (0.25 percent). The only group experiencing price fall was post and telecommunications (0.03 percent). Do Thi Ngoc, head of the GSO’s Price Statistics Department, explained that the CPI in January saw a … [Read more...] about CPI in January hits record high in recent 7 years
Record high growth
Consumers choose vegetables at a local supermarket. The consumer price index in January increases 6.43% year-on-year - PHOTO: VNA HCMC - Vietnam’s consumer price index (CPI) in January soars 1.23% against the previous month and 6.43% over January last year, the highest growth rate for January over the past seven years. … [Read more...] about CPI growth in January highest in seven years
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