Related news Nine-month CPI grows 3.57 percent on average Vietnam’s CPI up 0.45% in August June’s CPI grows at highest pace over past 7 years

The average CPI in the first ten months of 2018 increased by 3.6% compared with the same period last year, the GSO stated in a report released on October 29.

Ten of the 11 groups of goods and services used to calculate the CPI went up against the previous month.

Ten of the 11 groups of goods and services used to calculate the CPI went up against the previous month, with transport costs making the largest gain at 1.55%, followed by utility services and building materials at 0.58%, and food and dining services at 0.22%.

According to the head of the GSO’s price statistics department, Do Thi Ngoc, one of the main reasons driving up the CPI in October was higher pork prices due to supply shortages.

The CPI was also increased by two rounds of fuel price rises in October, as well as higher cooking gas prices and tuition fees.

In October, domestic gold prices rose 0.12% in comparison to a month earlier, averaging at VND3,660,000 per tael, while the US dollar-Vietnamese dong exchange rates also rose slightly following the rate hike by the US Federal Reserve in September.

According to the GSO, the core CPI in October increased 0.13% against the previous month and 1.67% compared with October last year.

CPI increases 0.55 percent in May

The consumer price index (CPI) in May rose from the previous month, with upturn seen in nine out of 11 goods and service groups. The rise was the highest for May in the recent six years.  

 

June’s CPI grows at highest pace over past 7 years

 

 

Nine-month industrial production index at 7-year high

 

 

Vietnam’s industrial production index up 10.9% in July

Vietnam’s index of industrial production (IPP) rose by 10.9% in the first seven months of 2018, compared with the 7.1% increase reported in the same period last year.

 

Source: NDO