Friday, 30/11/2018 20:37 (GMT+7)
The Consumer Price Index (CPI) in November 2018 decreased 0.29% from the previous month, bring the index for the first 11 months of the year up 3.59% over a year earlier, according to Ministry of Planning and Investment’s General Statistics Office.
Photo for illustration
Of this, transport group experienced the sharpest price reduction with 1.81% due to impact from petrol and oil price cut on November 6
th and 21
st. Specifically, A95 petrol price decreased VND2,230 per liter, E5 petrol price went down VND2,060 per liter, and diesel oil price declined VND980 per liter; bringing the total decrease of petrol and oil to 4.1% against last month and contributing a 0.17% reduction to CPI.
Housing and building materials group saw a 0.64% decline due to price reductions of gas by 9.18%, electricity by 0.64% and petrol by 0.97%. Restaurants and catering services decreased 0.14%; including a 0.27% rise of food, a 0.25% increase of rice, and a 0.3% surge of food products. Post and telecom group prices fell 0.06%.
This month, 7 out of 11 groups of commodity and major services witnessed price rises compared to October 2018, including: garments and textiles, hats and footwear (0.26%), other commodities and services (0.15%), home appliances (0.08%), beverages and cigarettes (0.07%), culture, entertainment and tourism (0.05%), education (0.05%), and medicine health services (0.01%).
Basic inflation increased 0.11% from the previous months and soared 1.72% over a year earlier, bring the average inflation for the 11 months to 1.46% over a year earlier.
Gold price index also increased 0.98% from the previous month and decreased 0.93% from a year earlier./.
BTA