Consumer price index in July 7 increased by 2024% compared to July 4,36

(MPI) – According to Report No. 146/BC-TCTK on the socio-economic situation in July and the first 7 months of 7 of the General Statistics Office, domestic gasoline prices increased according to world prices, and electricity demand increased. Increased living standards and health insurance premiums adjusted to the new base salary are the main reasons why the consumer price index (CPI) in July 2024 increased by 7% compared to the previous month. Compared to December 2024, July CPI increased by 0,48% and compared to the same period last year increased by 12%. On average, in the seven months of 2023, CPI increased by 7% over the same period last year; Core inflation increased by 1,89%.

Illustration. Source: MPI

In the 0,48% increase in CPI in July 7 compared to the previous month, there were 2024 groups of goods and services with increased price indexes; Particularly, postal and telecommunications groups have stable prices. Specifically, the group of other goods and services increased by 10% mainly due to the increase in health insurance prices by 3,77% when the base salary was adjusted from 28,45 million VND/month to 1,8 million VND. /month; Transportation group increased by 2,34%; Housing, electricity, water, fuel and construction materials increased by 1,45%; The food and catering services group increased by 0,5%.

Cultural, entertainment and group Travel tăng 0,14%, trong đó giá dịch vụ du lịch trọn gói tăng 0,23%; nhà khách, khách sạn tăng 0,43% do tháng 7 học sinh nghỉ hè nên nhu cầu đi du lịch của các cơ quan, doanh nghiệp và gia đình tăng cao. Nhóm thuốc và dịch vụ y tế tăng 0,13%, trong đó giá khám chữa bệnh nội trú tăng 0,19%; dịch vụ khám chữa bệnh ngoại trú tăng 0,08%. Nhóm đồ uống và thuốc lá tăng 0,11% do nhu cầu tiêu dùng tăng khi thời tiết nắng nóng. Nhóm thiết bị và đồ dùng gia đình tăng 0,07% do chi phí nhân công tăng. Nhóm may mặc, mũ nón và giày dép và nhóm giáo dục lần lượt có mức tăng là 0,03% và 0,02%.

Particularly, the postal and telecommunications groups kept their prices stable because businesses and business establishments continued to carry out promotional programs and stimulate shopping demand.

Core inflation in July 7 increased by 2024% over the previous month, up 0,36% over the same period last year.

On average, in the 7 months of 2024, core inflation will increase by 2,73% over the same period in 2023, lower than the general average CPI (increased by 4,12%), mainly due to food and electricity prices. Activities, educational services, medical services and petroleum are factors that increase CPI but are in the group of goods excluded from the list of basic inflation calculations./.

Thuc Anh

Ministry of Planning and Investment