Average CPI up 3.51% in 11 months

CPI in November decreases 0.01%. (Photo: VNA)

On November 29, the General Statistics Office (GSO) announced that the consumer price index (CPI) of the whole country in November decreased by 0.01% from the previous month and increased by 1.48% compared to the same period last year.

Compared to the previous month, 3 out of 11 groups of products and services in the CPI basket, decreases were seen in three groups, namely transport; post and telecommunications services; and cultural, entertainment and tourism services.

In particular, the transportation group saw the biggest reduction 0.47%, largely owing to the fact that the average fuel price in November dropped 1.32% from the previous month.

The price of post and telecom services declined 0.17% over a month earlier because of a variety of deals offered by mobile service suppliers to attract more customers.

Meanwhile, tour operators were offering various discounts to stimulate domestic travel demand, weakening the price of cultural, entertainment and tourism services by 0.06%.

Among 11 groups of products and services in the CPI basket, decreases were seen in three groups, namely transport; post and telecommunications services; and cultural, entertainment and tourism services.

Price of education group alone remains unchanged.

The gold price index increased by 0.87% and the US dollar price index decreased by 0.05% from the previous month./.

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