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Submitted by ctv_en_4 on Thu, 10/30/2008 - 11:50

Leading financial and economic experts forecast that the consumer price index (CPI) in November is likely to increase by 0.2-04 percent, bringing the CPI for the whole year to 23.5-23.7 percent.


According to the Domestic Market Management Group, the prices of food, foodstuffs and other essential commodities will go up slightly in November as a consequence of floods in the central and southern regions. In addition, an increase in purchasing power in the last two months of the year and the upcoming lunar New Year will also drive the prices up.


The Pricing Management Agency under the Ministry of Finance affirms that prices of several key commodities such as electricity and water as well as transport costs will remain unchanged until the end of this year.

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