The consumer price index (CPI) in April decreased by 0.34% month-on-month, but increased by 2.81% year-on-year, according to the General Statistics Office (GSO).
Hanoi (VNA) - The consumer price index (CPI) in April decreased by0.34% month-on-month, but increased by 2.81% year-on-year, according to theGeneral Statistics Office (GSO).
In the first four months of this year, the index rose by3.84% y-o-y, mainly due to increases in prices of education, housing and constructionmaterials, culture, entertainment and tourism, food, and electricity.
In April, seven out of the 11 groups of main consumer goodsand services witnessed price decreases, and the remainders saw rises.
Notably, a 0.38% fall in the price of food and cateringservices caused a decline of 0.13 percentage point of the CPI.
Gold prices in April were up 2.04% m-o-m, but down 1.09% y-o-y.In the January-April period, the prices rose by 0.66% y-o-y.
Meanwhile, the USD price in April fell 0.89% m-o-m, but roseby 2.5% y-o-y, leading to a y-o-y increase of 3.21% in the first four months ofthis year.
According to the GSO, this month, core inflation increasedby 0.13% over the previous month, and by 4.56% over the same period last year.On average, in the first four months, it increased by 4.9% y-o-y, higher thanthe overall average CPI (3.84%)./.
Vietnam’s consumer price index (CPI) in February rose 0.45% month-on-month, fuelled by higher prices of oil, petrol, gas, and rental housing, according to the General Statistics Office.
The consumer price index (CPI) in the first quarter of 2023 is estimated to rise 4.2-4.3% year on year, according to the Price Management Department under the Ministry of Finance.
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According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
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