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Stabilising market helps Viet Nam’s CPI lift 0.35% (23/04)

06/08/2010 - 14 Lượt xem

The figure shows the gradual stabilisation of Viet Nam's CPI compared to last year's figures. In April 2008, the CPI saw an increase of 2.2 per cent from March 2008 and 21.42 per cent from the previous year, said GSO expert Do Thi Ngoc.

Foods and restaurant, which usually accounts for 40 per cent of CPI, increased slightly by 0.4 per cent year on year thanks to the rebalancing of supply and demand in the local market.

While grain prices saw a slight increase at 0.03 per cent in April, the price of foods and foodstuff saw a strong fluctuation of 0.46 per cent due to the soaring price of meat products resulting from the hike in animal feed prices.

Price tags on restaurant menus also increased 0.83 per cent year on year in April, the GSO said.

The price of transportation services increased by 0.48 per cent in April, due to fluctuations in petrol prices, and the price of beverages-cigarette and construction materials saw a similar hike at 0.45 percent.

Garment-footwear, household appliances and medicine-healthcare services saw an increase of 0.2 per cent, 0.28 per cent and 0.24 per cent, respectively.

Meanwhile, the entertainment sector, which includes tourism, showbiz and sport, saw a decrease of 0.64 per cent thanks to mass discounts by tour operators.

The US dollar registered an increase of 1.25 per cent compared to the previous month and 11.21 per cent over the corresponding period last year. Gold prices saw a corresponding increase of 1.4 per cent and 8 per cent.

While CPI in the capital city of Ha Noi saw an increase of 0.13 per cent over the last month, CPI in the southern economic hub of HCM City rose by 0.49 per cent.

Source: VietNamNet/Viet Nam News