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Thursday, May 13, 2021

HCMC’s CPI inches up in November

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HCMC – The consumer price index (CPI) of HCMC in November edged up 0.06% month-on-month, leading to the city’s CPI in the January-November period increasing 2.94% year-on-year, according to the city’s Department of Statistics.

Specifically, four of the 11 groups of consumer goods and services in the basket of commodities used to work out the CPI saw their prices rise against the previous month.

Of these, household equipment and appliances witnessed the largest increase of 0.54%, followed by culture and entertainment and tourism with 0.27%, food and catering services with 0.22% and other products and services with 0.07%.

Five other groups saw a decrease in prices, including beverages and tobacco by 0.03%; housing, electricity, water, gas and construction materials by 0.03%; transport services by 0.39%; post and telecommunications by 0.38% and footwear, hats and textiles by a slight 0.001%.

Meanwhile, the prices of medicines and medical services and education services remained stable.

In terms of food and catering services, the price of food inched up 0.07% and that of foodstuffs, 0.39%, against the previous month, as corn, sweet potatoes and vegetables became more expensive due to the impact of the recent storms.

Moreover, the statistics agency attributed the fall in the price of fuels to the three adjustments in fuel prices on October 27, November 11 and November 26.

 

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