November 29, 2023 | 17:00 GMT+7

11M CPI rises 3.22%

Vũ Khuê -

Core inflation up 4.27% year-on-year in first eleven months.

Higher prices for healthcare services contributed to the CPI increase in November.
Higher prices for healthcare services contributed to the CPI increase in November.

Vietnam’s consumer price index (CPI) rose 0.25 per cent in November compared to October and 3.46 per cent year-on-year, according to the General Statistics Office (GSO).

The rise was attributed to higher prices for healthcare services and tuition fees.

Rising prices for domestic rice on the back of higher export prices also contributed.

Eight of the eleven key groups of goods and services in the CPI basket recorded price hikes in November. Healthcare services and medicine posted the highest increase, of 2.9 per cent, contributing 0.16 percentage points to the CPI increase.

The CPI in the first eleven months, meanwhile, increased 3.22 per cent year-on-year.

GSO figures show that core inflation in November rose 0.16 per cent compared to October and 3.15 per cent year-on-year.

Core inflation in the first eleven months was up 4.27 per cent year-on-year.

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