AsemconnectVietnam - Vietnam’s average consumer price index (CPI) in the first nine months of this year increased by 3.16% from the same period last year, according to the General Statistics Office (GSO).

In the first nine months of this year, nine of the 11 categories of goods and services saw price hikes, particularly transport services with airfare surging 71.56% year on year, train services 31.26% and coach 8.33%.
In the period, the prices of education services picked up 7.28%, housing and construction materials 6.73%, food 4.85%, and drinks and tobacco 3.48%.
Meanwhile, the prices declined in two categories – petrol and oil 15.26%, and postal and telecommunications services 0.62%
In the first nine months of this year, Vietnam’s core inflation in the period rose 4.49% year on year, as petrol and oil, which recorded significant prices reduction, are not included in the goods basket for calculating inflation.
CPI in September increased slightly
In September of this year, Vietnam’s CPI increased 1.08% compared to August and went up by 3.66% from the same month last year. The country’s core inflation in the month rose by 0.26% compared to the previous month and climbed by 3.8% compared to the same period last year.
Hanoi’s CPI in September and the first 9 months of 2023
Hanoi’s consumer price index (CPI) in September rose 3.06% from the previous month, and 3.3% from a year earlier, according to the municipal Statistics Department.
In September, eight of the 11 categories of goods and services saw price hikes, namely education (33.84%), housing, electricity, water, fire fuel and construction materials (1.81%), transportation (1.18%), restaurant and catering services (0.64%), dining-out services (0.18%), garment, headwear and footwear (0.46%), beverages and cigarettes (0.22%), medicine and health services (0.03%), and other goods and services (0.27%).
Prices declined in three categories – postal and telecommunications services (0.15%), culture, entertainment and tourism (0.11%), and family equipment and appliances (0.01%).
The city’s CPI in the third quarter of 2023 increased by 1.21% compared to the average of the same period last year.
In the January-September period, Hanoi accommodated nearly 3.5 million tourists, 2.1 times higher than the same period last year.
HCM city’s CPI in September and the first 9 months of 2023
The September CPI in Ho Chi Minh City increased by 0.56% from August, with rises seen in the prices of eight out of 11 groups of commodities used to calculate the index.
The highest increase, 1.4%, was seen in transport services, driven by higher prices of fuels and means of transport. The group of housing, utilities and construction materials posted a 1.11% hike.
Three groups of commodities with price reduction are post and telecom services (0.94%), beverage and tobacco (0.31%) and garment, headgear and footwear (0.14%).
Ho Chi Minh city’s average CPI in the first nine months of the year went up 3.45% from the same period last year, with rises seen in nine groups of commodities except for transport services and post-telecom.
CK
Source: VITIC/Vietnamplus.vn