Ho Chi Minh City sees lowest CPI rise in seven months

June 21, 2011 | 11:39
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Ho Chi Minh City ’s consumer price index (CPI) in June rose by 0.69 per cent against last month, the lowest monthly increase since November 2010.
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But the index soared 11.54 per cent compared to the end of 2010 and 16.54 per cent over the same period last year, said the municipal Statistics Office.

The biggest price hike in the month was seen in the group of miscellaneous goods and services with 2.2 per cent due to higher health and social insurance costs resulting from salary increases.

Cultural, entertainment and tourism services experienced a surge of 1.56 per cent, followed by beverage and tobacco, and home appliances both groups with 0.94 per cent.

The group of medicine and health care services saw the lowest CPI rise of 0.02 per cent and prices of housing, utilities and construction materials only increased by 0.29 per cent.

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