CPI in November increased by 0.25%

The CPI also increased by 3.45% over the same period last year.

Of the 11 main consumer goods and services groups, 8 groups increased in price compared to the previous month, 2 groups decreased in price, while the group of household appliances and equipment remained unchanged.

The two groups of goods that decreased in price were transportation (-0.01%) and food (-0.32%).

According to the General Statistics Office, the increase in medical service prices according to Circular No. 22/2023/TT-BYT, the increase in tuition fees according to Decree No. 81/2021/ND-CP and the continued increase in domestic rice prices following the export price of rice are the main reasons for the increase in the CPI index in November 2023.

CPI in November increased by 0.25% compared to the previous month. (Illustration photo)

On average, in the first 11 months of 2023, the CPI increased by 3.22% over the same period last year. Factors that increased the CPI in the first 11 months of 2023 include the average price index of the air ticket group increasing by 87.29% over the same period last year, the price index of the education group increasing by 7.35%, the price index of the housing and construction materials group increasing by 6.67%, the price index of the food group increasing by 6.17%, the price index of the electricity group increasing by 4.55%, the price index of the beverage and tobacco group increasing by 3.36%, and the price index of the other goods and services group increasing by 4.51%.

Core inflation in November 2023 increased by 0.16% over the previous month and by 3.15% over the same period last year. On average, core inflation increased by 4.27% over the same period in 2022 in the first 11 months of 2023, higher than the average CPI increase (up 3.22%).

Of which, the average domestic gasoline price in the first 11 months of 2023 decreased by 12.12% compared to the same period last year, the gas price decreased by 7.5%, which is a factor that restrains the CPI growth rate but belongs to the group of goods excluded from the list of core inflation calculations.

Gold price index in November 2023 increased by 2.77% over the previous month; increased by 8.8% over December 2022; increased by 9.29% over the same period last year; average increase of 3.38% in the first 11 months of 2023.

USD price index in November 2023 increased by 0.05% over the previous month; increased by 1.61% over December 2022; decreased by 1.03% over the same period last year; average increase of 1.94% in the first 11 months of 2023.

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Source: https://vtc.vn/cpi-thang-11-tang-0-25-ar837230.html