Price indexes increased by 0.72% in the third quarter of 2018
Monday, October 29,2018AsemconnectVietnam - Vietnam’s CPI increased by 0.72% in the third quarter of 2018 compared with the previous quarter and by 4.14% from the third quarter of 2017 according to the General Statistics Office (GSO).
Average CPI in nine months of 2018 increased by 3.57% compared with the same period in 2017. CPI in September 2018 grew by 3.20% over December 2017 and by 3.98% against the similar period in 2017.
Core inflation in September 2018 increased by 0.14% over the previous month and by 1.61% from the same period last year. Average core inflation in nine months of 2018 moved up by 1.41% compared with the corresponding period in 2017.
Gold price index and US dollar index
Gold price index in September 2018 reduced by 0.97% against the previous month, decrease by 1.89% from December 2017 and fell by 3.16% compared with the similar period last year. The US dollar price index in September 2018 increased by 0.16% over the previous month, grew by 2.59% against December 2017 and went up by 2.57% from the corresponding period in 2017.
Producer price indexes (PPI) and merchandize export-import price indexes
PPI for agriculture, forestry and fishery in the third quarter of this year increased by 1.13% over the previous quarter andincreased by 4.4% from the same period last year; PPI for industry in the third quarter grew by 1.08% and 3.91%, respectively ; PPI for services moved up by 1.24% and 3.20%, respectively.
Generally, in nine months, PPI for agriculture, forestry and fishery expanded by 1.2% compared with the same period in 2017. PPI for industry went up by 3.19% ; PPI for services grew by 2.95%.
Merchandize export price index in nine months of 2018 increased by 1.02% over the same period in 2017 (in the third quarter, it dropped by 0.66% from the previous quarter and climbed by 1.64% over the same period last year); Merchandize import price index jumped up by 1.38% (in the third quarter, it grew by 0.39% against the previous quarter and put up by 1.99% over the same period last year). Merchandize term of trade in nine months fell by 0.36% against the similar period in 2017 (in the third quarter, it reduced by 1.05% compared with the previous quarter and decreased by 0.34% from the same period last year).
Source: General Statistics office
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