CPI in October creeps up 0.09 percent

The consumer price index (CPI) inched up 0.09 percent in October against the previous month, and 2.47 percent year-on-year, the General Statistics Office of Vietnam has announced.

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The rise in October’s CPI was fueled by a surge in tuition fee for the 2020-2021 academic year in nine centrally-run cities and provinces, high prices of vegetables due to impacts of the sixth and seventh storms, and increase in gas prices to keep up with swings in the global market.

The country’s CPI went up 3.71 percent during January-October, with CPI in urban areas surging 3.29 percent, and that in rural localities increasing over 4.1 percent against the same time last year./.

VNA

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