Consumer price index in January 2024 increased by 0.52%

(binhthuan.gov.vn) People's increased demand for consumption, shopping, and travel near the Lunar New Year is one of the many reasons why the consumer price index (CPI) in January 2024 increased by 0.52% compared to last month.

According to the Provincial Statistics Office, January 2024 is the month approaching the Lunar New Year, so people's consumption, shopping, and travel needs all increase; prices of food, eating out and public transportation services increased slightly; prices of essential consumer goods and services increase according to consumption rules near Tet; domestic gas prices adjusted to increase according to world market prices. These are the main reasons why CPI in January 2024 increased by 0.52% over the previous month, up by 2.9% over the same period last year.

Among the 11 main groups of consumer goods and services, most product groups increased in price compared to the previous month, specifically: Garments, hats and shoes increased by 0.9%; beverages and tobacco by 0.9%; Food and beverage services by 0.6%; housing, electricity, water, fuel and construction materials by 0.6%; other goods and services by 0.5%; household appliances by 0.5%; transportation by 0.4%; culture, entertainment and tourism by 0.2%; post and telecommunications by 0.1%; education by 0.1%; medicines and medical services by 0.03%.

Statistical data also shows that the estimated retail revenue of goods and revenue from service industries in January 2024 will reach 8,471.9 billion VND, up by 2.1% over the previous month and by 12.0% over the same period last year. Of which, retail sales of goods reached 5,782.5 billion VND, up by 2.5% over the previous month and by 17.7% over the same period last year. Revenue from service industries in January 2024 is estimated to reach 2,689.4 billion VND, up by 1.3% over the previous month and by 1.5% over the same period last year./.

 

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