According to the General Statistics Office of Vietnam (GSO), the consumer price index (CPI) in May 2022 increased by 0.38% against that of April 2022; up by 2.48% as compared to that of December 2021; and increased by 2.86% as compared to that of the same period of 2021.
Out of eleven groups of commodities, the prices of ten groups of commodities increased, while only the price of the group of housing and construction materials went down.
Particularly, among ten groups of commodities which experienced price increases, the price of the group of traffic registered the highest increase of 2.34%; the price of the group of food and catering services went up by 0.27%; the price of the group of beverage and cigarette rose by 0.33%; the group of garment, footwear and hat was up by 0.18%; the group of household equipment and appliances was up by 0.22%; The price of the group of education increased by 0.17%; the price of the group of culture, entertainment and tourism also grew by 0.74%; the group of other commodities and services went up by 0.19% against the prices of April 2022.
Meanwhile, the price of the group of housing and construction materials decreased by 0.13% as compared to that of the previous month.
Also according to the GSO data, the core inflation in May 2022 increased by 0.29% as compared to that of the previous month, and went up by 1.61% as compared to that of the same period last year. In the first 5 months of 2022, the average core inflation increased by 1.1% as compared to that of the same period in 2021.
LK