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Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Friday, July 4, 2025

Ten commodities groups push CPI in May up 0.38%

By Van Phong

Must read

HCMC – A hike in prices of fuels, food and foodstuffs, and necessities has resulted in Vietnam’s consumer price index (CPI) this month rising by 0.38% month-on-month, according to the General Statistics Office.

Among the 11 main commodity groups, up to 10 groups marked a month-on-month increase in prices, and one registered a decline.

Due to two upward fuel price adjustments by 5.93% and 3.99% in May, respectively, transport services saw the highest increase in prices of 2.34%.

The largest contributor to the overall index is the group of food and catering services, which recorded a month-on-month rise of 0.27%.

Beverages and tobacco also picked up due to rising input materials and transport costs.

Cultural, entertainment and tourism services inched up 0.74% as prices of package tours and hospitality services went up by 3.15% and 0.94%, respectively, given travel demand bouncing back.

In the year to May, CPI rose 2.25% against the 2021 figure but remained lower than the same period between 2017 and 2020. As for core inflation, which excludes prices of fresh food, energy and State-controlled healthcare and education services, it edged up 1.1%.

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