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NEWS: CPI grows slightly in May

Consumer price index (CPI) in May witnessed a slight rise of 0.2% against the previous month and a year-on-year increase of 4.72%, according to the General Statistics Office (GSO)

In the 5th month, the group of housing, building materials, electricity, water and fuel posted the highest hike with 0.43% against last month.

Price of transport and catering services picked up 0.36% and 0.17%, respectively.

In May, the gold price dropped by 0.85% while the US dollar price fell slightly by 0.04% against April.

Experts predicted that CPI would slow down in the 3rd consecutive year.

Source: http://www.vir.com.vn