HCM City’s CPI slightly up in April

The consumer price index (CPI) in Ho Chi Minh City inched up 0.001% in April against March, according to the city’s Statistics Office.

The average CPI for the first four months of 2021 rose 1.4% compared to last year’s average.

Among the groups of products and services in the CPI basket, increases were seen in beverages and tobacco 0.37%; garment-textile, headwear and footwear 0.06%; equipment and household appliances 0.14%; and transportation 0.99%.

Meanwhile, restaurant and catering services fell 0.02% against the previous month.

The group of housing, electricity, water, and construction materials saw a contraction of 0.29%. This included reductions of 0.08% in electricity prices, 3.36% in clean water price, and 4.87% in cooking gas and fuel prices due to adjustments in petrol prices.

The Statistics Office also reported that the gold price was down 1.11% month on month while the US dollar exchange rate expanded 0.24% compared to the previous month.

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