CPI rises 0.4% in September

Photo for illustration. (Source: hanoimoi.com.vn)

The main reason is the increase in price of essential consumer goods and services in line with prices of input materials and tuition fees in some localities for the 2022-2023 school year.

This month’s CPI rose by 4.01% compared to December 2022 and increased by 3.94% compared to the same period last year. In the first nine months of the year, the price index soared 2.73% year on year.

This month, 9 groups of goods saw price increases against the previous month. Specifically, restaurants and catering services rose by 0.18%; beverage and tobacco group increased by 0.13%; garment, hat and footwear group surged by 0.16%; housing and construction materials group went up by 0.94%; and household appliances group increased by 0.16%.

The education group increased by 5.84% due to the opening of the new school year, leading to many related costs on a large scale. Culture, entertainment and tourism rose by 0.03% and  other goods and services soared by 0.14%.

Two groups enjoyed price reduction, including transport by 2.23%, due to continuous decrease in gasoline price, and post and telecommunication by 0.04%.

Compared to the previous month, the gold price index in September decreased by 1.71% and the US dollar price index increased by 0.53%./.