Vietnam's CPI inches up 3.88 per cent in nine months


HANOI (Xinhua): Vietnam's consumer price index (CPI) went up by 3.88 per cent year on year in the first nine months of this year, according to data released by the General Statistics Office (GSO) on Sunday.

The nine-month CPI growth was contributed by the 4 per cent increase of food and beverage services, said the office.

In September, price hikes were reported in nine out of the 11 items in the calculation basket.

Items posting the most significant price hikes last month included education with a 2.09-per cent increase, food and beverage services with a 0.92-per cent increase.

According to head of the GSO Nguyen Thi Huong, the country's core inflation rose averagely 2.69 per cent in nine months.

Vietnam has set the target of keeping the CPI for this year at 4-4.5 per cent. - Xinhua

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