HCM City sees slight CPI increase in September

Ho Chi Minh City’s consumer price index (CPI) increased just 0.11 percent during September, the lowest monthly increase since April 2008, according to the city’s Statistics Department.

The city’s CPI rose an accumulated 19.69 percent since the beginning of the year and 27.53 percent over the last twelve months.

Cultural, sports and entertainment services saw the highest price hike of 2.8 percent, followed by home appliances with 0.91 percent, garments with 0.62 percent whilst medicine and healthcare services increased by 0.54 percent.

Meanwhile, the cost of housing, electricity and water, fuel, transport and telecommunication services, food and foodstuffs all decreased slightly.

The municipal People’s Committee has recently agreed to provide non-interest loans of 409 billion VND (25 million USD) to enable nine businesses to buy essential goods for the upcoming Lunar New Year.

VNA

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