Consumer price index unchanged in April

Sunday, 30/04/2017 10:36
The consumer price index (CPI) in April remained unchanged from the previous month, but up 4.3 percent against the same period last year, the General Statistics Office (GSO) announced on April 29th.

Price increases were seen in seven out of the 11 goods and service groups
in the price basket - (Illustrative image, Source: VNA)

The average monthly index in the Jan-April period rose 4.8 percent compared to the same period last year, the office said.  

Price increases were seen in seven out of the 11 goods and service groups in the price basket, with the biggest hike reported in medicine and health care services (8.05 percent), followed by culture, entertainment and tourism and household appliances with the same increase of 0.1 percent,  and goods and other services (0.08 percent). 

Four groups experiencing a price decline were transportation (1.38 percent), food and catering services (0.66 percent), housing and construction materials (0.24 percent), and telecommunication (0.03 percent). 

According to Vice Director of the GSO’s Price Statistics Department Do Thi Ngoc, the 10.59-percent increase of the price of medical services applied for health insurance buyers made CPI rise about 0.41 percent. 

Rising tourism demand on the occasion of the national holiday (Reunification day on April 30 and May Day), and the increased consumption of clothes in the summer were also attributed to the increase of prices in the relevant groups of goods and services, Ngoc said. 

In the month, the average domestic gold prices rose 1.01 percent from March, fluctuating around VND36 million (USD1584) per tael. Meanwhile the VND/USD exchange rate stood at between VND22,600-22,700  per USD, down 0.38 percent against the previous month. 

The core inflation (excluding food and fresh foodstuff, energy and State-controlled commodities such as health and education services) in April rose 0.09 percent from the previous month and 1.5 percent against the same period last year./.

CPV/VNA

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