Average CPI in 10 months lowest in three years
14:24 | 30/10/2019

VGP – The average Consumer Price Index (CPI) over the recent 10 months of 2019 rose 2.48% compared to the same period last year, the lowest figure recorded over the recent three years, according to the General Statistics Office. 

The average CPI in the reviewed period in 2017 and 2018 attained 2.98% and 3.89%, respectively. 

Meanwhile, the CPI in October picked up 0.59% against the previous month, the highest figure over the recent three months and increased 2.79% compared to December 2018 and up 2.24% in comparison with the same period last year. 

As many as 10 items reported increases in prices in comparison with the previous month including restaurants and food services 1.04%, beverage and tobacco 0.04%, garments, hats and footwear 0.06%, housing and building materials 0.53%, household equipment 0.09%, medicines and health services 0.04%, transport 0.99%, education 0.19%, culture, entertainment and tourism 0.12%, other commodities and services 0.17%. 

Only the price of post and telecommunications deceased by 0.06%. 

The core inflation (excluding food, energy and items under control of the State such as health and education services) in October 2019 saw an increase of 0.15% against the previous month and year-on-year increase of 1.99%. 

The core inflation rate witnessed a year-on-year increase of 1.92% over the past10 months of 2019. 

By Thuy Dung

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