HCMC’s CPI rises 0.33 percent in May

The consumer price index of Ho Chi Minh City recorded a month-on-month rise of 0.33 percent in May, according to the city’s Statistics Office.
HCMC’s CPI rises 0.33 percent in May ảnh 1 Commodities at a supermarket in Vietnam (Photo: VNA)
Among the groups of products and services in the CPI basket, increases were seen in transport (1.08 percent), and restaurant and catering services (0.51 percent).

Meanwhile, housing, electricity, water, and construction materials increased 0.36 percent against the previous month and beverages and tobacco 0.13 percent.

The group of post and telecommunication services saw the largest contraction of 0.68 percent in the month, followed by culture, entertainment and tourism (0.08 percent); and garment-textile, footwear and headwear (0.04 percent), while that of equipment and household appliances fell 0.01 percent.  

The prices of medicine and medical services remained stable compared to the previous month.

The Statistics Office also reported that the gold price grew 1.34 percent month on month, bringing the figure up 21.56 percent in Jan-May.

The US dollar exchange rate declined 0.25 percent compared to the previous month, making the five-month figure down 1.14 percent.

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