CPI slowdowns in January

The nation’s consumer price index increased by 1.74 percent in January, compared with the rise of 1.98 percent in December last year.

CPI rose by 1.68 percent in Hanoi and 1.01 percent in HCM City in January and the figures were 1.83 percent and 1.61 percent, respectively, in the previous month.

The General Statistics Office said CPI rises of between 0.36 percent and 2.89 percent were seen in 10 groups of commodities. The education group recorded the strongest rise of 2.89 percent, followed by foodstuffs and restaurant services, 2.47 percent.

The index of garment and textiles and footwear rose by 1.81 percent and food and drinks and medicine, 1.67 percent, due to people’s increasing demand for warm clothes and food for traditional Lunar New Year (Tet).

During the month, gold prices and the US dollar value decreased by 0.05 percent and 0.32 percent, respectively, from December. – Vietnam+

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

Posted by VBN on Jan 25 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