Vietnam News Network

Vietnam News: Local, National, Business, Sport, Entertainment and Technology

Trade LTCUSD, Bitcoin and Cryptocurrencies

BUY & SELL LTCUSD | View LTCUSD News & Updates


Buy Sell LTCUSD, Bitcoin and Cryptocurrencies

CPI continues to see slight rise in August   2009-08-26 - VNA

The consumer price index (CPI) in August rose by 0.24 percent against July and 1.97 percent when compared to the same period last year, reported the General Statistics Office (GSO).

 
The small rise in August kept the CPI for the first eight months to a one-digit growth or an 8.31 percent year-on-year rise.

Nine out of ten staple commodities experienced price increases with postal and transport services seeing the highest rise of 1.31 percent due to rising oil prices. They were followed by housing and construction materials at 0.93 percent and drinks and cigarettes registered the lowest rise of 0.11 percent.

Food services dropped for a second straight month by 0.08 percent, including food and foodstuff prices which fell by 0.42 percent and 0.09 percent, respectively.

The price of the US dollar has also registered an increase of 0.13 percent in August, a rise of 9.02 percent over the same previous last year.

Meanwhile gold prices picked up, increasing by 1.75 percent on last month and 9.44 percent against the same period last year.

The GSO forecasts that the CPI in September will continue to increase slightly by 0.3 or 0.4 percent due to holidays and festivals this month.

However, there should not be much of a change in the remaining months of the year. The growth in CPI will remain at one digit as previously predicted, according to the GSO.



Other news

BUSINESS IN BRIEF 26/8   2009-08-26

Capital from Viet Kieu poised to flow to Vietnam   2009-08-26

Real estate market: houses selling better than apartments   2009-08-26

Garment industry: biggest problem lies in material supply   2009-08-26

Becoming more cautious, banks now checking loans   2009-08-26

Vietnam Airlines swaps old planes for new ones   2009-08-26

Vietnam Air allowed to make deposit for A350 aircraft delivery   2009-08-26

Vinamilk to issue over 175 million bonus shares   2009-08-26

FDI declines in first eight months   2009-08-26

Thailand invests heavily in Viet Nam, promises more   2009-08-26

Vietnam to keep key rates unchanged in September   2009-08-26

Vietnam may stop importing fertilizer from 2020   2009-08-26

Blue-chip sell-off drags market down   2009-08-26

MPI Official Bullish On Resort Real Estate Sector   2009-08-26