CPI in October increased by 0.33%

According to the General Statistics Office, the CPI in October increased by 0.33% compared to the previous month, increased by 2.52% compared to the end of the year and increased by 2.89% compared to the same period last year.

The main reason is that food prices continue to increase due to the impact of storms and floods, domestic gasoline prices increase following world prices and rental housing prices increase. This month, 10 groups of goods and services have price indexes that increase and 1 group has price index that decreases.

On average, in the first 10 months of the year, CPI increased by 3.78% over the same period last year; core inflation increased by 2.69%.

The gold price index in October increased by 5.96% compared to the previous month; increased by 29.97% compared to December 2023 and increased by 38.88% compared to the same period last year. On average, the gold price increased by 27.48% over the 10 months.

The USD price index in October increased by 0.7% compared to the previous month; increased by 2.41% compared to December 2023 and increased by 1.89% compared to the same period last year. On average, the USD price index increased by 5.1% over the 10 months.

CPI in October increased by 0.33% compared to the previous month. (Illustration photo: Minh Duc)

In October, the total import and export turnover of goods was initially estimated at 69.19 billion USD. In the first 10 months, this figure was initially estimated at 647.87 billion USD, up 15.8% over the same period last year, of which exports increased by 14.9%; imports increased by 16.8%.

Preliminary export turnover in October reached 35.59 billion USD, up 4.4% over the previous month and 10.1% over the same period last year. Preliminary import turnover reached 33.6 billion USD, up 5.8% over the previous month and 13.6% over the same period last year.

The US is Vietnam's largest export market with a turnover of 98.4 billion USD. China is Vietnam's largest import market with a turnover of 117.7 billion USD.

The trade balance of goods in October had a trade surplus of 1.99 billion USD. In the first 10 months, the preliminary trade balance of goods had a trade surplus of 23.31 billion USD (the same period last year had a trade surplus of 24.8 billion USD).

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Source: https://vtcnews.vn/cpi-thang-10-tang-0-33-ar905825.html