Wednesday, February 21, 2024 10:16:01 PM - Markets open
VN-INDEX 1,230.04 -0.02/0.00%
HNX-INDEX 233.84 +0.35/+0.15%
UPCOM-INDEX 90.61 +0.08/+0.09%
November’s CPI grows 3.45 per cent
Vietnam News - 11/30/2023 2:05:15 PM
 (0 ratings. You must sign in to rate.)
The consumer price index (CPI) for November has gone up by 0.25 per cent compared to the previous month and 3.45 per cent to the same period last year, announced the General Statistics Office (GSO) on Wednesday.
 
The reasons behind the higher CPI include some localities raising the cost of healthcare services and tuition fees as per regulations, as well as domestic rice prices further rising due to an increase in the export price of the product.
 
Against October, eight among the 11 groups of essential goods and services experienced price increases, two saw price decreases, and the cost of the equipment and household items group remained unchanged.
 
On average, for the first 11 months, the index grew 3.22 per cent year-on-year, with the core inflation rate up by 4.27 per cent. During the period, the highest CPI increase was recorded in January at 4.89 per cent, followed by a gradual decrease until June, which recorded an increase of only 2 per cent.
 
Factors contributing to the CPI rise between January and November included average airfare index which soared by 87.29 per cent annually, primarily due to the costs of airlines and the high demand for travel, especially during holidays and summer vacations. Train and bus ticket prices also went up by 29.67 per cent and 7.43 per cent, respectively. Meanwhile, the education, food, and household electricity price indices rose by 7.35 per cent, 6.67 per cent, and 4.55 per cent, respectively.
 
Among the factors reducing the CPI in the 11-month period, the most significant was a decrease in the price index of petroleum products, at 12.12 per cent. — VNS
 
Read original article here
Newer News
15:51 Optimistic signs seen in exports of garment-textile sector
16/02 Construction industry strives to achieve sustainable, eco-friendly growth
16/02 Petrol prices rise by over VNĐ700 per litre
16/02 Cement industry expected to bounce back in 2024
29/12 Hanoi’s economy expands 6.27% in 2023
27/12 MoIT to start reviewing anti-dumping measures on Chinese steel
27/12 PM calls for efforts to ensure power supply
27/12 Việt Nam aims to increase export turnover by 6% by 2024
27/12 Logistics chains crucial for boosting exports of agro-forestry-aquatic products
27/12 2023 export success boosts rice sector outlook
Older News
30/11 Vietnamese export goods face increasing trade defence measures in CPTPP markets
30/11 Local companies as buyers, a positive sign for M&A market: forum
28/11 PM asks central bank to ensure sufficient credit flow for the economy
28/11 Quảng Ninh speeds up disbursement of public investment capital
25/11 German firms consider Việt Nam potential destination: survey
22/11 Việt Nam's digital economy to reach $45 billion by 2025
22/11 Hải Phòng speeds up cooperation with US port authority
22/11 Sugar prices to surge towards the end of the year: VSSA
21/11 Petrovietnam masters offshore renewable energy technology
20/11 HCM City leads nation in logistics competitiveness in 2022
 
Newsletter Signup
Top Stories
Market remains upbeat on large-cap stocks
Central bank pushes others to boost lending from start of New Year
Domestic gold prices hit record-breaking VNĐ80 million per tael
Market steady due to low risk appetite
Green development gains momentum in VN's listed business community
Market Update
Last updated at 3:05:00 PM
VN-INDEX 1,230.04 -0.02/0.00%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.