According to data just released by the General Statistics Office, the Consumer Price Index (CPI) in January 2025 increased by 0.98% compared to the previous month. Compared to the same period in 2024, the CPI in January increased by 3.63%.
According to the General Statistics Office, the adjustment of medical service prices in some localities, as well as the increase in transportation and food prices due to increased travel and shopping needs of people during the Lunar New Year, are the main reasons for the CPI in January 2025 to increase by approximately 1%. Meanwhile, compared to the same period, the CPI in January 2025 increased by 3.63%.
In the 0.98% increase in CPI in January 2025 compared to the previous month, there were 09 groups of goods and services with increased price indexes and 02 groups of goods with decreased price indexes.
Specifically, the groups of goods and services with increased price indexes include: The group of medicines and medical services increased the most with an increase of 9.47% compared to the previous month, causing the general CPI to increase by 0.51 percentage points; The group of transportation increased by 0.95% (causing the general CPI to increase by 0.09 percentage points); The group of food and catering services increased by 0.74% (causing the general CPI to increase by 0.25 percentage points).
In addition, the beverage and tobacco group increased by 0.69% due to increased demand for consumption and use as gifts during the Lunar New Year, causing the price of alcohol to increase by 0.8%; cigarettes increased by 0.7%; non-alcoholic beverages increased by 0.36%; Other goods and services group increased by 0.51%; The garment, hat, and footwear group increased by 0.38% due to increased labor costs, material costs, demand for winter clothing and preparation for the Lunar New Year.
The housing, electricity, water, fuel and construction materials group increased by 0.35% (increasing the overall CPI by 0.07 percentage points); the household equipment and appliances group increased by 0.31% due to increased consumer demand during the wedding season and Lunar New Year; the culture, entertainment and tourism group increased by 0.27%.
Two groups of goods and services with price indexes decreasing include: Education group decreased slightly by 0.04% and post and telecommunications group decreased by 0.12%.
The report from the General Statistics Office also shows that core inflation in January 2025 increased by 0.42% compared to the previous month, up 3.07% compared to the same period last year. Core inflation increased by 3.07% compared to the same period last year, lower than the average CPI (up 3.63%) mainly due to the prices of food, foodstuffs, electricity and medical services which are factors affecting the increase in CPI but are excluded from the list of core inflation calculations.
Source: https://baodaknong.vn/cpi-thang-1-2025-tang-0-98-242037.html
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