HAIPHONG’S CPI INCREASES 2.2% AGAINST SAME PERIOD OF 2018

Haiphong’s CPI in July 2019 increased 0.54% against the last month, up 2.2% over the same period of 2018. Average CPI in July 2019 went up 2.36% as compared to previous year.

As many as 9 out of 11 major commodities and services eyed CPI in July higher than the previous month, in which catering and service obtained the highest growth of 0.79%. The 2 groups witnessed the declining tendency include traffic (1.12%), mainly because the motor prices down 1.12% while the telecommunications reduced 0.01%. Food price index increased 0.96% over the previous month, in which pork price up 4.19% due to the widespreading epidemic of African swine fever. The gold price in July went up 5.2% while US dollar index reduced 0.52% over the last month./.