According to the General Statistics Office of Vietnam (GSO), the average CPI in 2018 rose by 3.54% as compared to that of 2017, and was within the set target of under 4% set by the National Assembly.
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In December 2018, the prices of eight out of eleven groups of commodities increased as compared to the previous month. The price index of the group of medicine and healthcare registered the highest increase of 5.76%. The price of the garment, footwear and hat group increased by 0.43%; the beverage and cigarette group rose by 0.22%; the household appliances and goods increased by 0.16%...
Meanwhile, the price of the group of traffic registered the most remarkable decrease of 4.88% due to the two reductions in the prices of gasoline and diesel. The price of the group of housing and construction materials decreased by 0.89%. The price index of the education group was unchanged.
The CPI in the fourth quarter of 2018 increased by 0.6% as compared to that of the previous quarter, and by 3.44% in comparison with the same period of 2017. The average CPI of 2018 increased by 3.54% as compared to that of 2017. The CPI in December 2018 rose by 2.98% in comparison with that of December 2017, with an average increase of 0.25% per month.
The core inflation in December 2018 increased by 0.09% as compared to the previous month and by 1.7% against that of December 2017. The average core inflation in 2018 rose by 1.48% as compared to that of 2017.
Not included in the commodities and services accounted for in the CPI, the domestic gold price index in December 2018 was up by 0.41% as compared to that of November, and decreased by 0.41% against December 2017; the whole year average went up by 2.36% as compared to that of 2017. The USD in December depreciated by 0.07% against the VND as compared to its value in the previous month, and appreciated by 2.69% in comparison with that of December 2017; on average, the USD in 2018 appreciated by 1.29% as compared to that of 2017.
Le Hang