HCM City’s CPI increases 0.31% in August

Ho Chi Minh City’s August consumer price index (CPI) nudged up 0.31% from July’s figure and 3.17% on the equivalent timeframe in 2012.

According to the municipal Statistics Office, transport services saw the highest price rises of 1.24%.

Slight price increases were seen in housing, electricity, and fuel (up 0.58%), beverages and cigarettes (up 0.28%), culture, entertainment, and tourism (up 0.28%), garments, textiles, headwear, and footwear (up 0.19%), food and restaurants (up 0.19%), household appliances (up 0.03%), and medicine and healthcare (up 0.02%). 

Postage and telecommunications saw no price rises while the price of education edged back 0.01%.

The gold price dropped 0.48% during the month while the US dollar fell 0.41% from July.