16:30 06/12/2024

CPI up 0.13% in November

Huyền Vy

The CPI growth primarily driven by higher prices for household electricity and rental housing.

Vietnam's consumer price index (CPI) in November increased by 0.13% compared to the previous month and 2.77% year-on-year, according to the General Statistics Office (GSO).

The CPI growth was driven primarily by higher prices for household electricity and rental housing.

Eight of the 11 groups of goods and services saw price increases and three groups decreased in price, the GSO said.

It noted that the group of housing, electricity, water, fuel and construction materials recorded the largest increase of 0.87%.

Other groups also saw price increases, including goods and services (up 0.29%), beverages and tobacco (up 0.26%), and education (up 0.11%).

The GSO also reported that the CPI rose by 3.69% year-on-year in the first 11 months of the year while core inflation was up 2.7% compared to the same period last year.