The national consumer price index (CPI) in July grew by 0.4 percent against June and 3.39 percent year-on-year, the General Statistics Office (GSO) reported on July 29.
Hanoi (VNA) - The national consumer price index (CPI) in July grew by 0.4 percentagainst June and 3.39 percent year-on-year, the General Statistics Office (GSO)reported on July 29.
Of the 11 main commodity groups, nine saw prices rise. Transportation increasedthe most, by 3.91 percent, while housing and construction materials up 0.47 percent;culture, entertainment and tourism 0.3 percent; and goods and other services 0.17percent.
The price of food and catering services and postand telecommunications,meanwhile, fell 0.18 percent and 0.02 percent, respectively.
Director of the GSO’s Price Statistics Department Do Thi Ngoc said the CPI rosein July on the back of higher prices of petrol, gas, electricity, and water dueto increasing demand.
The petrol price increased 9.02 percent during themonth, resulting in a 0.37 percent rise in the CPI in July.
Meanwhile, the prices of electricity and water increased 2 percent and 0.25 percentmonth-on-month, respectively.
The VND/USD exchange rate lost 0.23 percent during the month.
The domestic gold price was around 50 million VND per tael (2,160 USD), or 3.49percent higher than in June.
The average CPI rose 4.07 percent year-on-year between January and July. The seven-month CPI was up 3.63 percent in urban areas and 4.51percent in rural areas.
The GSO said that core inflation (the CPI excluding foodstuffs, fresh food,energy, healthcare, and education) in July and the first seven months of 2020 increased2.31 percent and 2.74 percent, respectively, against the same period last year./.
The consumer price index (CPI) in May decreased by 0.03 percent against the previous month and 1.24 percent against last December, but increased by 4.39 percent year-on-year, the General Statistics Office (GSO) reported on May 29.
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Illustrative image (Photo: VNA) 
