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Ho Chi Minh City
Friday, December 9, 2022

HCMC’s CPI rises 0.91% in June

The Saigon Times

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HCMC – The Consumer Price Index (CPI) in HCMC this month has inched up 0.91% month-on-month, according to the city’s Statistics Office.

Among the 11 groups of consumer goods and services in the basket of items used to calculate the CPI, two groups registered a decline in prices over the previous month. These two included postal and telecom services and cultural, entertainment, and tourism services.

Among the remaining nine groups, transport services posted the highest increase of 3.89%, as local fuel prices surged 7.18% and there were three upward adjustments in petrol and gasoline prices in June.

Food and catering services marked a month-on-month rise of 1.05%.

The price of the apparel-footwear-hat group edged up 0.05%. Housing and construction materials saw an increase of 0.92%, due mostly to the rise in rent, housing maintenance materials, and water prices.

As for the country’s CPI this month, it has jumped up 0.69% against the previous month, with nine groups marking a rise in prices and two reporting a fall.

The price of postal and telecom services dropped 0.16% and that of housing and construction materials slipped 0.01%.

Transport services recorded the highest rise of 3.62%, followed by food and catering services with a 0.8% increase; cultural, entertainment, and tourism services were up by 0.52%; beverages and tobacco increased by 0.35%; while household equipment and appliances saw a hike of 0.31%.

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