The consumer price index (CPI) in October rose by a slight 0.33% against the previous month and 3.89% compared with a year earlier, according to the General Statistics Office (GSO).
Ten of the 11
groups of goods and services used to calculate the CPI went up against the
previous month. (Photo: VnEconomy)
The average CPI in the first ten months of 2018 increased by
3.6% compared with the same period last year, the GSO stated in a report
released on October 29.
Ten of the 11 groups of goods and
services used to calculate the CPI went up against the previous month, with
transport costs making the largest gain at 1.55%, followed by utility services
and building materials at 0.58%, and food and dining services at 0.22%.
According to the head of the GSO’s price
statistics department, Do Thi Ngoc, one of the main reasons driving up the CPI
in October was higher pork prices due to supply shortages.
The CPI was also increased by two rounds
of fuel price rises in October, as well as higher cooking gas prices and
tuition fees.
In October, domestic gold prices rose
0.12% in comparison to a month earlier, averaging at VND3,660,000 per tael,
while the US dollar-Vietnamese dong exchange rates also rose slightly following
the rate hike by the US Federal Reserve in September.
According to the GSO, the core CPI in October
increased 0.13% against the previous month and 1.67% compared with October last
year.
Source: NDO
The provincial Department of Agriculture and Rural Development on November 20 coordinated with Hai Dang Group Hoa Binh Seafood Company Limited to release 1.5 tonnes of fries into Hoa Binh Lake to regenerate aquatic resources, with a total value of 266 million VND (10,460 USD).
On the afternoon of November 16, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, held a reception for a delegation from the Indian Embassy led by Ambassador Sandeep Arya. The delegation included the chairperson of the Indian Chamber of Commerce in Vietnam, embassy personnel, and Indian businesses operating in Vietnam. Accompanying Long at the meeting were leaders of the provincial People's Committee and representatives from various departments and sectors.
Hoa Binh province hosted the "Meet India 2024" conference on November 16, marking a significant step in strengthening bilateral economic ties between Vietnam and India.
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From a type of bulb used as a seasoning for daily meals, thanks to the efforts of local authorities and farmers, shallots have become a commercial crop in Yen Thuy district, contributing to promoting the transformation of crop structure in agricultural production, bringing higher incomes to locals.
