HCMC’s CPI drops in April

HCMC – The consumer price index (CPI) of HCMC in April dropped a slight 0.11% month-on-month, but it was still 4.23% higher than the same period last year after a three-month rising streak in January-March, according to the city’s Statistics Office.

Among the 11 groups of consumer goods and services in the basket of items used to calculate the CPI, five groups marked up in price.

Cultural, entertainment and tourism services recorded the highest rise, 1.42%, followed by transportation with 0.37% and beverages and tobacco with 0.31%.

The prices of other goods and services inched up 0.47%, while education services saw a slight increase.

The prices of pharmaceutical products and medical services remained stable.

Five other groups saw a decline in prices. Housing, electricity, water, gas and construction materials had the sharpest fall, 0.64%.

Household equipment and appliances edged down 0.23%, followed by food and catering services with a 0.22% drop and footwear, hats and textiles with a 0.03% slip.

The post HCMC’s CPI drops in April appeared first on The Saigon Times.