HCM City’s CPI witnesses drastic decline in Jan.
VGP – Ho Chi Minh City’s Consumer Price Index (CPI) in January decreased 0.48% compared to the previous month, the most drastic decline over the recent years.
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The reduction in the oil and gas prices led to decreases in prices of other groups, such as transport experiencing a drop of 4.8% and housing, electricity, water and fuel, down 1.5%.
The commodities and other services group saw the highest price rise among calculated groups with 0.92%, followed by beverage and tobacco, restaurants, food service, garment and hats around 0.2%.
The foodstuff price rose 0.34%. The prices of education, medicines and health services remained unchanged.
By Thuy Dung