National July CPI only increases 0.23%

VGP – The national Consumer Price Index (CPI) in July increased 0.23% against the previous month and 4.94% year on year.

July 24, 2014 2:57 PM GMT+7

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Of the 11 commodities used to calculate the CPI, prices of traffic reported the highest price hike rising by 0.44%, followed by housing and construction materials 0.43%, food services and restaurants up 0.26%, beverage and tobacco, garments, hats and footwear group up 0.2%.

The post and telecom services were the only category to see a price reduction of 4.55%.

Food prices decreased 0.63% while foodstuff increased by 0.58%.

The CPI in Ha Noi and Ho Chi Minh City only rose 0.18% and 0.12%, respectively.

By Thuy Dung