Such factors as adjusted healthcare fees, and higher transportation costs and food prices led to a 0.98% rise in the Consumer Price Index (CPI) in January.
Vietnam's CPI in January 2025 expands by 3.63% year-on-year, while core inflation rose 3.07%. (Photo: VNA)
Hanoi (VNA) - Adjusted healthcare fees, and higher transportation costs and food prices, driven by increased demand during the Lunar New Year (Tet) holiday, led to a 0.98% rise in the Consumer Price Index (CPI) in January compared to the previous month.
According to the General Statistics Office, the index expanded by 3.63% year-on-year, while core inflation rose 3.07%.
Nine out of the 11 categories of goods and services saw price hikes, with health care up 9.47%, transportation 0.95%, and food and catering services 0.74%.
The cultural, entertainment, and tourism group rose by 0.27% due to increased travel demand and higher service costs.
In contrast, household electricity costs decreased by 0.51%, water prices fell by 0.29%, and gas prices dropped by 1.26%.
The price of gold rose by 1.03% amid increased pre-Tet demand, and the US dollar climbed by 0.21%.
Core inflation grew 0.42% compared to the previous month and 3.07% year-on-year, lower than the overall CPI rise mainly due to the exclusion of food, electricity, and healthcare services in the calculations./.
The 3.63% increase in the consumer price index (CPI) for the whole of 2024 not only reflects the Government's efforts in price management, but also demonstrates the economy's resilience against external "headwinds".
Vietnam’s consumer price index (CPI) in 2024 rose 3.63% year-on-year, meeting the target set by the National Assembly (NA), the General Statistics Office (GSO) reported on January 6.
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