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Vietnam's CPI goes up by 2.54% YoY in 1st 7 months of 2022

31 Jul '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

Vietnam’s July consumer price index (CPI) grew by 0.4 per cent over June, contributing to a growth of 2.54 per cent year on year (YoY) in the first seven months this year, according to the General Statistics Office (GSO), which recently said the July CPI increased by 3.59 per cent from last December and by 3.14 per cent from a year earlier.

Ten out of the 11 categories of main consumer goods and services witnessed price hikes, but prices in the transport category fell by 2.85 per cent due to declines in domestic fuel prices.

In the first seven months, the core inflation was up by 1.44 per cent YoY.

The core inflation in July inched up by 0.58 per cent month on month and 2.63 per cent YoY. During the first seven months this year, it rose by 1.44 per cent from the same period of 2021.

Fibre2Fashion News Desk (DS)

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