Prices remained stable, with a slight increase in CPI.

At Winmart supermarkets in Bac Kan , goods are abundant and prices remain stable after Tet.

With government oversight and business stimulus programs, total retail sales and service revenue both showed positive growth. However, factors such as rising gold prices and changes in transportation fares remain issues to monitor in the coming months.

According to data from the Bac Kan Department of Finance, the Consumer Price Index (CPI) in March 2025 increased by only 0.01% compared to the previous month. Overall in the first quarter of 2025, the CPI increased by 1.94% compared to December 2024 and by 1.66% compared to the same period last year. Notably, some commodity groups showed significant fluctuations: Medicines and medical services increased sharply by 17.99%; transportation decreased by 5.23%, mainly due to lower global oil prices; and the gold price index surged by 38.14%, reflecting the general trend of the domestic and international gold markets.

Thanks to stimulus programs and increased consumer demand during the Lunar New Year, total retail sales in the province are estimated at 2,172 billion VND, a 23% increase compared to the same period last year. Sectors with strong growth include: accommodation and food services, reaching 710.29 billion VND, a 65.78% increase; and other consumer services, up 17.89%. Attracting tourists to Bac Kan through festivals and cultural events at the beginning of the year also contributed to boosting revenue in this sector.

The market for essential goods in the first quarter did not experience major fluctuations, but some items were noteworthy: Rice prices decreased slightly, with ordinary paddy rice at 9,750 VND/kg; live pig prices decreased by about 2,500 - 5,000 VND/kg due to abundant supply; Ha Bac urea fertilizer prices increased slightly, reaching 650,000 VND/bag (50kg); and construction material prices remained stable.

Forecasts for the second quarter of 2025 indicate that the Bac Kan market will remain stable, but close monitoring of prices for essential goods, especially food and fuel, is necessary. Therefore, price control measures are still being implemented by relevant agencies, such as strengthening inspections and checks on price listing and declaration; supporting price stabilization for essential goods during peak periods; and controlling the gold and foreign exchange markets to prevent speculation.

Source: https://backan.gov.vn/Pages/thi-truong-bac-kan-quy-i2025-gia-ca-on-dinh-cpi-tang-nhe-96fe.aspx