Ho Chi Minh City reported a decrease of 0.18 percent in its consumer price index in February compared with that of the previous month, according to the municipal Statistics Office.
Ho Chi Minh City's February CPI decreases by 0.18 percent (Source: VNA)
HCM City (VNA) – Ho Chi Minh City reported a decrease of 0.18percent in its consumer price index (CPI) in February compared with that of theprevious month, according to the municipal Statistics Office.
Specifically, a decline was seen in four out of 11 commoditygroups, including restaurant and catering service (0.18 percent); beverage andtobacco (0.83 percent); culture, entertainment and tourism (0.31 percent); andtransport (2.8 percent).
The fall in prices of these products was attributed to declining demand of local people and impacts of the acute respiratory disease caused bythe coronavirus SARS-CoV-2 (COVID-19).
Prices of five commodity groups reported an increase, with thehighest level recorded in medicine and medical services (0.64 percent); andhousing, fuel, and building material (0.51 percent).
Meanwhile, prices of education; and post and telecommunicationservices remained unchanged in February.
In the month, gold prices increased by 2.87 percent against theprevious month, and the VND/USD exchange rate was also up 0.32 percentmonth-on-month.
The average CPI for the first two months of the year picked up 5.41 percent from one year ago./.
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Ho Chi Minh City's February CPI decreases by 0.18 percent (Source: VNA) 
