During the month of the traditional new year Tet festival, the Consumer
Price Index (CPI) of Ho Chi Minh City went up by 1 percent and 1.44
percent compared with those of the previous month and last December
According to the Statistical Office in
Ho Chi Minh City, beverage and cigarette saw the highest price rise of
3.34 percent due to high demand during the festival. Other commodity
and service baskets increased by 1.45 percent.
Thanks to the Price Stablisation Program, food and restaurant services rose by only 1.42 percent.
Slight increases were seen in prices of garment and
textiles-headwear-footwear, up by 0.70 percent; household appliances,
0.54 percent; culture-entertainment-tourism services, 0.41 percent and
educational products and services, 0.10 percents.
Medicines and healthcare services did not experience any price hike.
During the month, the gold price decreased markedly by 1.30 percent while the US dollar price rose slightly by 0.02 percent.-VNA