Hai Duong CPI decreased for three consecutive months

traffic — Transportation is the group with the biggest price decrease in May.

According to the Hai Duong Provincial Statistics Office, Hai Duong's consumer price index (CPI) in May decreased by 0.16% (urban areas increased by 0.19%; rural areas decreased by 0.14%) compared to the previous month; the average increase was 4.85% compared to the same period last year.

Compared to last month, 5 groups of goods and services decreased in price and 5 groups increased in price, only the education group kept its price stable.

The group with the highest price decrease was transportation, down 0.54%; the food and catering services group decreased 0.32%; the clothing, hats and footwear group and the housing, electricity, water, fuel and construction materials group had a slight decrease of 0.1%. The group with the lowest price decrease was post and telecommunications, down 0.06%.

The reason is that the decrease in gasoline prices leads to a decrease in transportation service prices. In May, there are fewer holidays, and the number of weddings is also reduced, leading to a decrease in the demand for food and services at restaurants and eateries. This is the time of the season, the weather is cool, so the demand for electricity is not much...

Some groups of goods increased slightly in price such as: equipment, household appliances and culture, entertainment, tourism group both increased by 0.1%; medicine and medical services increased by 0.05%...

Prices of some items increased due to the demand for fans, air conditioners, etc. to prepare for the hot summer days. In addition, many people bought equipment and sportswear for exercise, which also contributed to the price increase of these items. The hot weather affected people's health, leading to a slight increase in the demand for medicine and medical services.

Source: https://baohaiduong.vn/cpi-hai-duong-giam-ba-thang-lien-tiep-413260.html