VN succeeds in curbing inflation in 2012

VGP – The Consumer Price Index (CPI) in December 2012 only increased 0.27% against the previous month and up 6.81% in 2012, according to the report of the General Statistics released on December 24.

December 24, 2012 7:29 PM GMT+7

The inflation rate in 2012 stood at around 8%, achieving the Government’s goal.

Post and telecommunication continued to be the only items decreasing (-0.02%).

Garments, hats and footwear showed the highest increase in December 2012 with 1.17%, then followed by household equipments and commodities (up 0.59%) and entertainment and tourism (up 0.34%).

The prices of catering services slightly went up by 0.28%. Commodities and services with a low rise of CPI included health care services (up 0.14%), education (up 0.09%) and transport (down 0.43%).

The gold price in December rose 0.46% in comparison with the previous month and up 0.4% against the same period last year.

By Thuy Dung