Vietnam November cpi expected to ease to 0.2-0.3%

Vietnam consumer price index is expected to slow down to 02.-0.3% in November, the domestic market regulation commission said.

The domestic prices are expected to be mainly affected by raw-materials including oil prices and the dollar exchange rate.

On the up side, rice prices are expected to increase on high demand and on impacts of Thai rice policy.

Prices of vegetable, imported powder milk, fertilizer are expected to slightly rise in November.

Prices of some essential goods are also expected to rise on impacts of Lunar Tet holiday and the coming of winter.

Sugar prices are expected to be stable as 30 new sugar factories will come into production in end of November.

Salt, steel, paper, coal are expected to be unchanged during November.

The Government has been managed to stabilize the market by applying administrative measures stated in Decree No.11

Source TEI/News Writer/Stoxplus

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

Posted by VBN on Oct 31 2011. Filed under 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