CPI continues to go down

VNGOP - According to a newly published statistic report of the General Statistics Office, Consumer Price Index (CPI) in April is 2.2%, lower than that in earlier months (2.38%, 3.56% and 2.99% in January, February and March respectively). The CPI decrease demonstrates that measures taken by the Government to curb inflation has started working.

April 28, 2008 7:21 AM GMT+7

CPI increases by 2.2% in April, the lowest rate in the first four months of 2008

The highest CPI increase was seen in food services (3.11%), transport fees and post (2.33%) and housing and building materials (2.62%).

Hà Nội enjoyed the lowest CPI surge (1.49%), followed by Hồ Chí Minh City (1.82%). Cần Thơ City is the locality having the most rapid CPI growth (2.84%).

In April, industrial production has extended by 3.1% compared to March, and the increase in the first four months is 16.4% against the same period last year. The export turnover reached US $5.1 billion in April and US $18.26 billion in the first four months, up to 5.6% and 27.6% in comparison with March and the same period last year respectively.

By Thanh Thúy