Viet Nam’s Consumer Price Index (CPI) picked up 0.55% in May, the highest monthly increase over the recent six years, according to the General Statistics Office (GSO).
The CPI in May witnessed a 3.86%rise year-on-year and a 1.61% increaseagainstDecemberlast year. The average CPI growth in the first five months of 2018 saw a year-on-yearincrease of 3.01 %.
Among 11 commodity and service groups, nine posted monthlyincreasesin prices, including transportation (1.72%); food and cateringservices (0.88%); housing, water and electricity supply, and construction materials (0.34%); household equipment and appliances (0.1%); beverages and cigarettes (0.08%); culture, entertainment and tourism (0.08%); apparel, headwear and footwear (0.08%); medicines and health care services (0.03%); and goods andother services (0.02%).
The price of post and telecommunications services decreased 0.14% while the price of education group unchanged.
Core inflation (CPI exclusive of fresh food, energy, and State-controlled services such as healthcare and education)in May rose 0.11% against the previous monthandup 1.37% compared to the same period last year./.