CPI continues to cool in September

The consumer price index (CPI) accelerated only 0.82 per cent in September, continuing a downward trajectory for  a second straight month, the General Statistics Office reported today.

The data strengthened expectations the government’s fight against inflation was showing dividends.

Since January to September, the CPI rose 16.63 per cent. If compared with the corresponding period last year, the index accelerated 22.42 per cent.

In September, the highest increase was seen at education products which rose 8.62 per cent against July. This could be a result of Vietnam starting a new school year this month.

Foodstuffs and transportation prices which had sharply increased in the previous month declined 0.28 per cent and 0.24 per cent, respectively. – VIR

Tags: Vietnam CPI 2011, Vietnam economic, Vietnam economic growth, Vietnam economy, Vietnam economy 2011

Posted by VBN on Sep 24 2011. Filed under Consumer price index, Economy News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry