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Consumer price index rises 0.16% in May

by NDO29 May 2021 Last updated at 16:43 PM

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Consumer price index rises 0.16% in May
The CPI in May rises 0.16% over the previous month. (Photo: VNA)
VTV.vn - The Consumer Price Index (CPI) in May expanded by 0.16% over the previous month and 2.9% over the same period in 2020, according to the General Statistics Office on May 29.

The office noted that the increases in commodities and services due to the high input raw materials and fuel pushing up the costs of production; the rise of petrol prices; and the expansion of electricity and domestic water prices are the main reasons augmenting the consumer price index (CPI).

The CPI in the first five months of this year inched up 1.29% over the same period last year.

The core inflation in May increased 0.15% against the last month and 0.82% year-on-year.

Domestic gold prices in May have fluctuated in the same direction as the world with rises of 1.68% month-on-month and 13.02% over the same period in 2020. The value of the US dollar was down 0,21% from the previous month and 11.5% year-on-year.

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