CPI increase lowest since 2016

Chia sẻ
(VOVWORLD) - The consumer price index (CPI) increased by 1.64 per cent in the January-July period, the lowest rate since 2016, according to the General Statistics Office (GSO). 

The GSO said that CPI was kept at a low level because of the Government’s efforts to stabilise the price of food and implementation of packages to support virus-hit citizens and enterprises, including lowering power prices from May.

Former GSO Director Nguyen Bich Lam said it is likely that the CPI would grow further in the remaining months of the year, particularly in the final months.

However, it is expected to range around 3.3-3.6%, within the target set by the National Assembly at below 4% for the full year, he said.