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CPI in August increases 0.92%

VGP – The Consumer Price Index (CPI) in August 2017 rose 0.92% against the previous month, according to the General Statistics Office.

August 30, 2017 4:03 PM GMT+7

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The average CPI in eight months of this year witnessed a year-on-year increase of 3.84%, and increased 1.23% and 3.35% in comparison with December last year and the same period last year, respectively.

Ten groups saw increases in prices compared to the previous month, including pharmacy and health service up 2.86%, transport up 2.13%, restaurants and food services up 1.06%, housing and building materials up 0.93%, education up 0.57%, garments, hats and footwear up 0.09%, beverage and tobacco up 0.07%, household equipment up 0.03%, culture, entertainment and tourism up 0.01% and other services up 0.1%.

The price of telecommunications declined 0.04%.

The fundamental inflation in August rose 0.1% and 1.31% against the previous month and the same period last year, respectively. The average inflation over the recent eight months of the year saw a year-on-year increase of 1.47%.    

The gold price rose 1.11% while the US$ price decreased 0.03% against the previous month.

By Thuy Dung