Consumer Price Index rises 0.32% in November

Tuesday, 30/11/2021 17:32
The hikes of prices of petrol and gas across the globe, as well as consumer goods and services in localities in the new normal, made the Consumer Price Index (CPI) in November rise 0.32% from the previous month and 2.1% against the same period last year, according to the General Statistics Office (GSO).

In the first 11 months of the year, the CPI increased by 1.84 times compared to the same period last year, the lowest level since 2016.

Consumer Price Index rises 0.32% in November. (Photo:

Among 11 groups of main commodities and services, nine experienced rising prices. Specifically, the transport group witnessed a price hike of 3.11% due to the impacts of adjustment of petrol and oil prices.

Housing and construction materials posted a year-on-year expansion of 6.8% and education grew 2.44%.

Meanwhile, foodstuff inched down 0.52% and electricity prices dropped 1.06% against the same period last year.

As COVID-19 prompted travel restrictions, air ticket prices fell 21.39% while travel packages slipped 2.42%.

The remaining groups of goods increased insignificantly from the previous month. In which, post and telecommunications increased 0.03%; drugs and medical services soared 0.04%; while the culture, entertainment and tourism group went up 0.09%.

Two groups witnessed price decline, including education falling 0.92% from the previous month and food and catering services dropping 0.17% due to the abundant supply causing the prices of cattle, poultry, processed meat and fresh seafood decreasing significantly.

Compared to September, the gold price index increased by 2.65% and the US dollar price index decreased by 0.21%./.