AsemconnectVietnam - According to the General Statistics Office (Ministry of Finance), the consumer price index (CPI) in May of 2025 increased by 0.16% compared to the previous month, mainly due to increased prices of housing rent, electricity and out-of-home catering services.

Compared to December of 2024, the CPI in May increased by 1.53%, and increased by 3.24% compared to the same period last year.
In the first 5 months of the year, the CPI increased by 3.21% compared to the same period last year; core inflation increased by 3.10%, lower than the general CPI because it excluded items with strong fluctuations such as food, energy and prices managed by the State.
In the 0.16% increase of the CPI in May of 2025 compared to the previous month, there were 10 groups of goods and services with increased price indexes; the price index of the transportation group alone decreased.
Ten groups of goods and services with increased price indexes include:
The group of housing, electricity, water, fuel and construction materials increased by 0.73% (increasing the overall CPI by 0.14 percentage points), mainly increasing prices in the following items: the prices of housing maintenance materials increased by 1.20%; house rental prices increased by 0.64%; household electricity prices increased by 0.84%; household water prices increased by 1.0%. In contrast, kerosene prices decreased by 3.09% due to the impact of price adjustments during the month.
The group of other goods and services increased by 0.43%, mainly concentrated in a number of items: the group of jewelry increased by 10.64% according to domestic and world gold prices; body care products increased by 0.52%; handbags, suitcases, wallets increased by 0.48%; watch and jewelry repair increased by 0.40%; wedding services increased by 0.17%.
The culture, entertainment and tourism group increased by 0.28%. Of which, package tourism increased by 1.09% (domestic tourism increased by 1.24%; international tourism increased by 0.67%) due to the strong increase in tourism demand during the holidays and preparation for the peak summer season; hotels increased by 1.36%; guest houses increased by 0.50%; sports venue rental tickets increased by 0.51%; sports equipment increased by 0.15%. On the contrary, the price of ornamental plants and flowers decreased by 1.61%; musical instruments decreased by 0.02%.
The postal and telecommunications group increased by 0.21%. Of which, the price of regular mobile phones increased by 0.68%; accessories for smart mobile phones and tablets increased by 0.51%; smart mobile phones and tablets increased by 0.28%; phone repair increased by 0.31% due to price increases after the end of promotional programs; labor costs and replacement parts prices increased.
Household equipment and appliances group increased by 0.19%. Of which, washing machine repair increased by 0.64%; air conditioner repair increased by 0.40%; refrigerator repair increased by 0.37% due to the beginning of the hot season, while the cost of components and maintenance services also increased. Hot water thermos price increased by 0.48%; bath soap, shower gel and shampoo also increased by 0.45%; plastic utensils increased by 0.39%; electric fans increased by 0.36%.
Beverages and tobacco group increased by 0.14% due to increased production costs and consumer demand, of which carbonated soft drinks increased by 0.49%; bottled, canned and boxed energy drinks increased by 0.17%. Prices of cigarettes and beer of all kinds increased by 0.18% and 0.10% respectively compared to the previous month.
The group of garments, hats, and footwear increased by 0.05%. Of which, the price index of footwear services increased by 0.40%; hats, caps, and raincoats increased by 0.52%; garment services increased by 0.33%; fabrics of all kinds increased by 0.12%; other garments such as gloves and socks of all kinds increased by 0.04%.
The group of food and catering services increased by 0.03%, of which: Food decreased by 0.18%; food decreased by 0.04%; eating out increased by 0.28%.
The group of medicines and medical services increased by 0.02%, mainly in the group of medical equipment such as fever-reducing bags, blood pressure monitors, medical cotton/bandages, etc. increased by 0.25% due to increased production costs and people's health care needs. The price of painkillers, antipyretics, non-steroidal anti-inflammatory drugs and drugs for gout and bone diseases increased by 0.18%; anti-allergy drugs and hypersensitivity drugs increased by 0.15%; and drugs acting on the respiratory tract increased by 0.11%.
The education group increased by 0.01%. Of which, the price of stationery increased by 0.12%, specifically: Pens of all kinds increased by 0.24%; stationery and other school supplies increased by 0.17%; paper products increased by 0.11%.
The transportation group alone decreased by 0.42%, mainly due to a 2.33% decrease in the diesel price index; and a 1.20% decrease in the gasoline price index due to the impact of domestic gasoline price adjustments following world gasoline prices.
On the other hand, some commodity groups increased in price: Vehicle maintenance group increased by 0.36%; passenger transport by waterway increased by 0.89%; passenger transport by bus increased by 0.22%; passenger transport by road increased by 0.16%; car wash and pump services increased by 0.24%; spare parts increased by 0.25%.
Thus, core inflation in May of 2025 increased by 0.33% compared to the previous month and increased by 3.33% compared to the same period last year.
On average, in the first 5 months of 2025, core inflation increased by 3.10% compared to the same period last year, lower than the average CPI increase of 3.21%, mainly due to the prices of food, foodstuffs, electricity, and medical services, which are factors that increase the CPI, but are excluded from the list of goods calculated for core inflation.
CK
Source: VITIC/ haiquanonline.com.vn