(Photo: vov.vn)

Among 11 groups of products and services in the CPI basket, a decline was recorded in the groups of restaurant and catering services, transportation, post and telecommunication services, culture, and entertainment and tourism. Meanwhile, six groups seeing higher prices were education services; houses and building materials, property maintenance materials and services, beverage and tobacco; garment, hat and footwear, and other goods and services.

Head of the GSO’s Price Statistics Department Do Thi Ngoc said the rise in October’s CPI was fueled by a surge in tuition fees for the 2020-2021 academic year in nine centrally-run cities and provinces, high prices of vegetables due to impacts of the storms, and an increase in gas prices to keep up with swings in the global market.