CPI falls for the first time in 38 months
14:47 | 24/06/2012

VGP – June’s consumer price index decreased by 0.26% against May, marking the first fall after 38 months of constant rises, according the General Statistics Office.

The CPI fall was attributed to the decrease of prices of five goods categories, especially restaurant services which account for 40% of the CPI market basket.

The group of housing and construction materials also experienced a sharp decrease of 1.21% in June.

The CPI market basket in Vietnam currently contains 11 items: food, restaurant services, beverages, textiles, medical services, transportation, post and communications, educational services, electricity and construction materials.

By Ngoc Van

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