National CPI sees slight rise in April

The General Statistics Office (GSO) announced on April 24 that this month's index was expanded by 1.89% over the same period last year.

Eight out of the 11 groups of commodities and services experienced price hikes. The highest was recorded in the transport sector with 1.73%, followed by the group of housing and construction materials, 0.71%; medicines and medical services, 0.45%; education services, 0.37%; and beverages and tobacco, 0.17%.

The price of restaurant-dining and catering services remained stable throughout the month while the category of culture, entertainment and tourism experienced a loss of 0.01%.

Do Thi Ngoc, Deputy Director of the GSO's Price Statistics Department, attributed the CPI expansion to impacts of the drought in the central and Central Highlands regions and saltwater intrusion in the Mekong Delta that pushed the price of rice upwards.

Furthermore, the increasing demand for construction kept the price of building materials high, she said, adding that water price increased by 0.3% due to the higher demand in the early summer.

While the domestic gold price fluctuated in accordance with the world gold and petroleum prices, the price of the US dollar remained stable at 22,300-22,400 VND/USD throughout the month.

The office said core inflation (CPI without food and fresh produce, energy and State-controlled commodities such as healthcare and education services) in April rose by 0.19% against the previous month and 1.76% compared with the corresponding month last year, bringing the inflation rate in the first four months of this year to 1.76%.

(Source: Nhandan Online)