Consumer price index in May 2025 increased by 0.16% over the previous month.
According to the report of the General Statistics Office, Ministry of Finance , in the first five months of 2025, the CPI increased by 3.21% over the same period last year; core inflation increased by 3.10%.
CPI in May 2025 increased by 0.16% compared to the previous month, with 10 groups of goods and services having price indexes increasing, including: Housing, electricity, water, fuel and construction materials increased by 0.73%; other goods and services increased by 0.43%; culture, entertainment and tourism increased by 0.28%; post and telecommunications increased by 0.21%; household equipment and appliances increased by 0.19%; beverages and tobacco increased by 0.14%; clothing, hats and footwear increased by 0.05%; food and catering services increased by 0.03%; medicine and medical services increased by 0.02%;education increased by 0.01%.
The transportation group alone decreased by 0.42%, mainly due to a 2.33% decrease in the diesel price index; the gasoline price index decreased by 1.20% due to the impact of domestic gasoline price adjustments following world gasoline prices.
CPI increase/decrease data in May 2025 compared to previous months. (Source: General Statistics Office, Ministry of Finance)
Core inflation in May 2025 increased by 0.33% compared to the previous month and by 3.33% compared to the same period last year. On average, in the first five months of 2025, core inflation increased by 3.10% compared to the same period last year, lower than the 3.21% increase of the average CPI, mainly due to the prices of food, foodstuffs, electricity, and medical services, which are factors that increase the CPI but are excluded from the list of core inflation calculations.
Domestic gold prices fluctuate in the same direction as world gold prices. As of May 28, 2025, the average world gold price was at 3,305.71 USD/ounce, up 2.66% compared to April 2025. Global political instability and concerns about the escalating trade war between the US and China have caused investors to seek gold as a safe haven asset.
Domestically, the gold price index in May 2025 increased by 10.47% compared to the previous month; increased by 45.95% compared to the same period last year; increased by 35.25% compared to December 2024; on average in the first five months of 2025, the gold price index increased by 35.37%.
Gold prices fluctuate constantly.
According to the General Statistics Office, the domestic US dollar price fluctuates in the opposite direction to the world price. As of May 28, 2025, the US dollar price index in the international market reached 99.94 points, down 0.82% compared to the previous month as investors expected the US Federal Reserve (FED) to cut interest rates after the US economy showed signs of weakness and inflation cooled down.
Domestically, the average US dollar price in the free market was around VND26,147/USD, up 0.68% over the previous month due to increased demand for foreign currency for import payments. The US dollar price index in May 2025 increased by 2.69% over the same period last year; increased by 2.59% over December 2024; the average for the first five months of 2025 increased by 3.35%.
Source: https://baotuyenquang.com.vn/5-thang-dau-nam-2025-chi-so-gia-tieu-dung-cpi-tang-321-so-voi-cung-ky-213150.html
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