Apparel groups have a constant price index. Photo: T.H
Specifically, among 11 main categories of goods and services, only one group of price increases was household appliances and appliances (up 0.12 percent). There are 8 groups of goods and services with reduced price index including: Food and food service decreased by 0.52 percent; traffic decreased by 0.47 percent; beverages and cigarettes fell 0.23 percent; goods and other services decreased by 0.17 percent; culture, entertainment and tourism decreased 0.1 percent; telecommunication decreased by 0.07 percent; education decreased by 0.05 47 percent; housing, utilities, fuel and building materials fell by 0.01 percent. Garment, medical and health care groups have a constant price index.
Cause for CPI reduction: Gas price dropped 4.51 percent in accordance with world market price; food prices fell by 0.53 percent due to abundant supply in the market and demand after Tet; Average petroleum price fell by 0.98 percent due to the impact from last month's devaluation; Prices of fresh flowers decreased 4.79 percent after the high price increase on the occasion of Lunar New Year.
Reported by Dinh Huy
Translated by Lan Vy