Electricity prices, gasoline, and travel expenses pushed the CPI up 0.29% in May.

The consumer price index (CPI) in May increased by 0.29% compared to the previous month, mainly due to simultaneous increases in electricity prices, gasoline, rent, and tourism services. On average, the CPI for the first five months of the year increased by 4.31% compared to the same period last year.

According to the General Statistics Office on June 3rd, out of 11 main groups of consumer goods and services, 10 groups saw price increases in May, while the food and beverage group experienced a decrease.

CPI growth rate in May 2026 compared to the previous month. Source: General Statistics Office.

The housing, utilities, fuel, and construction materials group saw the strongest increase at 0.96%, contributing 0.22 percentage points to the overall CPI increase. Electricity prices rose by 2.38%, water prices by 1.41%, rent by 0.71%, and home maintenance materials by 0.81%. Conversely, gas prices decreased by 1.5%, following global price trends.

The transportation group increased by 0.83%, contributing 0.08 percentage points to the overall CPI increase. Gasoline prices rose by 2.12%, while vehicle maintenance costs, driving school fees, and toll fees also increased. However, diesel prices fell sharply by 16.42% and public transport fares decreased by 1.47%.

Tourism service prices continued to rise during the peak summer season, with the culture, entertainment, and tourism group increasing by 0.48%. Specifically, package tour prices increased by 1.19%, and hotel and guesthouse prices increased by 0.66%.

Several other product groups also recorded slight increases, such as beverages and tobacco (up 0.21%); household equipment and appliances (up 0.17%); clothing and footwear (up 0.13%); and medicines and medical services (up 0.1%).

Conversely, the food and beverage group decreased by 0.14%, contributing to a 0.05 percentage point decrease in the overall CPI. Food prices fell by 0.68%, processed foods by 0.25%, while dining out services increased by 0.36%.

Overall, in the first five months of the year, the CPI increased by 4.31% compared to the same period in 2015. Of these, the housing, electricity, water, and construction materials group saw the strongest increase at 6.64%; food and beverage services increased by 4.77%; and transportation increased by 5.22%.

Core inflation in May increased by 0.34% compared to the previous month and by 4.67% compared to the same period last year. On average for the first five months of the year, core inflation increased by 4.04%, lower than the overall CPI increase.

Source: https://daibieunhandan.vn/gia-dien-xang-va-chi-phi-du-lich-day-cpi-thang-5-tang-0-29-10419117.html