On July 29, the General Statistics Office announced the consumer price index (CPI) in July, 2016. Accordingly, in the 0.18% increase of CPI in July 2016 compared to the previous month, there are 9/11 groups of goods and services with price index.
In particular, the group of food and catering services increased by 0.33% (food increased by 0.05%; food increased by 0.4% due to the impact of African swine flu causing a decrease in supplies and food prices. education increased by 0.22% (education service increased by 0.17%) due to the increase in tuition fees for some new school year 2019-2020 according to the schedule of Decree No. 86/2015 / ND-CP October 2, 2015;
Culture, entertainment and tourism groups increased by 0.15% (package price increased by 0.22%; hotels increased by 0.58%; entertainment services increased by 0.74%); Drinks and cigarettes increased by 0.12%; My wear, hats and shoes increased by 0.1%; Household equipment and appliances increased by 0.08%; Post and telecommunication increased 0.01%;
Drug and medical service groups increased 0.02% due to the price index of health insurance group increased by 6.67%; other goods and services rose 0.94%. Particularly, transportation and housing groups and construction materials fell 0.03%.
Thus, the average CPI in 7 months of 2019 increased by 2.61% compared to the same period in 2018; July-2019 CPI increased by 1.59% compared to December 2016 and increased by 2.44% compared to the same period last year.
Basic inflation in July 2016 increased by 0.23% over the previous month and by 2.04% over the same period last year. The average basic inflation in 7 months of 2019 increased by 1.89% compared to the same period in 2018.
From the beginning of the year until now, except for March and June, CPI dropped, the rest of the months increased.
Currently, despite the hot weather, the demand for food consumption of people does not increase, but the price of many kinds of fresh food remains high; As for pork, there is a tendency to increase prices because African pig cholera is controlled in many localities.
By the end of this year, pork prices may increase even more due to limited supply and heavy meat imports.
