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Dinh Vu

Markets & Prices

Last updated: Friday, October 19, 2018


CPI in May Highest Over Six Years

Posted: Wednesday, May 30, 2018

Viet Nam’s Consumer Price Index (CPI) picked up 0.55 per cent in May, the highest monthly increase over the recent six years, according to the General Statistics Office (GSO).

The CPI in May witnessed a 3.86 per cent rise year-on-year and a 1.61 per cent increase against December last year. The average CPI growth in the first five months of 2018 saw a year-on-year increase of 3.01 per cent.

Among 11 commodity and service groups, nine posted monthly increases in prices, including transportation (1.72 per cent); food and catering services (0.88 per cent); housing, water and electricity supply, and construction materials (0.34 per cent); household equipment and appliances (0.1 per cent); beverages and cigarettes (0.08 per cent); culture, entertainment and tourism (0.08 per cent); apparel, headwear and footwear (0.08 per cent); medicines and health care services (0.03 per cent); and goods and other services (0.02 per cent).

The price of post and telecommunications services decreased 0.14 per cent while the price of education group unchanged.

Core inflation (CPI exclusive of fresh food, energy, and State-controlled services such as health care and education) in May rose 0.11 per cent against the previous month and up 1.37 per cent compared to the same period last year.


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