In the first eight months of 2025, the consumer price index increased by 3.25% compared to the same period in 2024.

The Consumer Price Index (CPI) in August 2025 increased by 0.05% compared to the previous month, mainly due to increased prices of rented housing and eating out. The CPI in August increased by 2.18% compared to December 2024; increased by 3.24% compared to the same period in 2024. On average, in the first eight months of 2025, the CPI increased by 3.25% compared to the same period in 2024.

The Consumer Price Index (CPI) in August 2025 increased by 0.05% compared to the previous month, mainly due to increased prices of rented housing and eating out. (Photo: HNV)

The periodic socio-economic report for August 2025 and the first 8 months of 2025 announced by the General Statistics Office ( Ministry of Finance ) on September 6 clearly stated that in the 0.05% increase in CPI in August 2025 compared to the previous month, there were 8 groups of goods and services with increased price indexes; 3 groups of goods and services with decreased price indexes.

Accordingly, the housing, electricity, water, fuel and construction materials group increased by 0.21%, explained by the General Statistics Office mainly due to: House rental prices increased by 0.28% due to increased demand for rental housing in some localities during the preparation for the new school year, when students and pupils returned to big cities to study; household electricity prices increased by 1.01% due to hot weather causing increased demand for electricity; prices of housing maintenance materials increased by 0.49% due to high prices of bricks, sand and stone when supply was scarce, production and transportation costs increased while construction demand was high. On the contrary, some items in the month had lower prices compared to the previous month such as gas prices and kerosene prices.

Three groups of goods and services with price indexes decreasing include: Post and telecommunications group decreased by 0.04%, in which, smart mobile phones and tablets; landline phones; regular mobile phones decreased. In contrast, phone repair prices increased by 0.6%; accessories for smart mobile phones and tablets increased by 0.55%.

Also according to statistics, core inflation in August increased by 0.19% compared to the previous month and increased by 3.25% compared to the same period in 2025. On average, in the first 8 months of 2025, core inflation increased by 3.19% compared to the same period in 2024, lower than the 3.25% increase of the average CPI, mainly due to the prices of food, foodstuffs, electricity, medical services, and education services, which are factors that increase the CPI but are excluded from the list of core inflation calculations.

SOURCE: STATISTICS OFFICE (MINISTRY OF FINANCE)

Domestic gold prices fluctuate in the same direction as world gold prices. As of August 30, 2025, the average world gold price was at 3,418.45 USD/ounce, up 1.47% over the previous month, mainly due to expectations that the US Federal Reserve (FED) would cut interest rates and the USD weakened. In addition, geopolitical instability, central banks' purchases and strong gold demand in Asian markets also affected world gold prices. Domestically, the gold price index in August increased by 1.2% over the previous month; increased by 48.62% over the same period in 2024; increased by 36.51% over December 2024; and the average 8 months of 2025 increased by 40.25% over the same period in 2024.

The domestic US dollar price fluctuates in the opposite direction to the world price. As of August 30, 2025, the US dollar price index in the international market decreased by 0.14% compared to the previous month, mainly due to expectations that the FED will cut interest rates in September 2025 to support growth. Domestically, the US dollar price index in August increased by 0.36% compared to the previous month; increased by 4.43% compared to the same period in 2024; increased by 3.67% compared to December 2024; the average increase in the first 8 months of 2025 increased by 3.45% compared to the same period in 2024.

Source: https://baoquangninh.vn/tam-thang-2025-chi-so-gia-tieu-dung-tang-3-25-so-voi-cung-ky-2024-3374743.html