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Inflation cools in April
The nation's inflation cooled in April, with the consumer price index edging up by just 0.14 per cent over the previous month, according to the General Statistics Office (GSO).
Inflation registerd a 9.23-per-cent increase over the same month last year, the GSO said.
Prices rose 4.27 per cent compared to December 2009 and 8.69 per cent compared to the first four months of last year.
Housing costs and construction materials saw the highest increase in April, climbing 2.51 per cent, with other groups of goods all registering increases of under a half-per-cent and telecommunications costs actually declining during the month, according to the GSO's Do Thi Ngoc.
The rise in food and beverage prices, which constitute about 40-per-cent of the CPI computation, slowed considerably in April, said Ngoc, predicting that inflaiton in May would continue to be modest at 0.3-0.4 per cent.
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