Southern hub’s inflation slows down

Read the original news 

Hanoi Times English - 41 month(s) ago 4 readings

The Hanoitimes - Ho Chi Minh City’s consumer price index (CPI) in October showed a slight increase of 0.18 percent over last month, according to the municipal Statistics Office.

The Hanoitimes - Ho Chi Minh City ’s consumer price index (CPI) in October showed a slight increase of 0.18 percent over last month, according to the municipal Statistics Office.

The increase was lower than the CPI rise of 0.45 percent for October 2010, the office said.

This contributed to a rise of 14.69 percent from the beginning of this year and 18.55 percent for the same period of last year.

In the last two months, there has been a big price hike in the education sector (up 2.16 percent) because school fees rose between 0.42 percent and 7.13 percent depending o­n the grade.

This was followed by medicine and health services (up 1.11 percent); household appliances (up 1.1 percent) and catering services (up 0.06 percent).

But prices for houses, electricity, tap water, fuel and building materials went down by 0.8 percent, transport by 0.27 percent, post and telecom services by 0.4 percent, and other goods and services by 0.3 percent.

To help curb inflation, HCM City ’s authorities require enterprises to supply 15,700 tonnes of rice for city markets during the coming Tet (Lunar New Year) festival.

SGO

There is no comment

Please Sign up or Login to comment.

Top page