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Vietnam sees March consumer prices up 7.7 pct y/y (23/3)

06/08/2010 - 217 Lượt xem

Vietnam's consumer price index (CPI) was estimated to have risen 7.7 percent in March from a year earlier, slower than an 8.4 percent increase last month, government data showed Wednesday.

The March rise compared with annual inflation of 8.8 percent in January, 8.4 percent in December and 8.5 percent in November.

The General Statistics Office said food prices - which account for nearly half the price basket used to calculate inflation - would have risen in March by 8.9 percent from a year earlier, versus a steep rise of 10.1 percent last month.

Food prices surged as usual around the lunar New Year festival in early February and eased significantly afterwards.

Vietnam aims to keep inflation below 8 percent this year.

The statistics office gave the following CPI details (percent change):

Vietnam Consumer Price Index

March 06

Feb 06

March 05

Change on year earlier

7.7

8.4

8.4

Change on previous month

-0.5

2.1

0.1

Index (base 100 = prev Dec)

102.8

103.3

103.7

(base 100 = year 2000)

133.1

133.8

123.4

Items (change on year earlier)

Food and foodstuffs

(47.9)

8.9

10.1

12.8

Beverages, tobacco

(4.5

4.7

5.0

4.4

Garments, footwear

(7.6)

6.0

5.4

3.8

Housing, construction material

(8.2)

10.5

10.8

4.2

Household appliances

(9.2)

5.4

5.2

4.2

Medicine, health care

(2.4)

5.4

5.2

5.6

Transport, post

(10.1)

8.6

9.0

6.1

Education

(2.9)

5.1

5.1

1.2

Culture, sport, entertainment

(3.8)

2.6

2.7

0.8

Other goods and services

(3.4)

6.0

5.9

5.6

Gold

26.4

27.0

7.1

US$ against VND

0.8

0.9

-0.1

Note: Figures in brackets are the weight of each item in the price basket used to calculate the consumer price index, based on an IMF report released in May, 2005.

Source: Reuters