Slight decrease in CPI Binh Thuan in April 2023

(binhthuan.gov.vn) Domestic gasoline prices continued to fall, which helped the consumer price index (CPI) decreased slightly in April.

 

According Binh Thuan Provincial Statistics Office, CPI in April 2023 decreased by 0.27% compared to the previous month, increased by 3.61% over the same period last year and increased by 0.82% compared to December last year, average CPI in 4 months of 2023 over the same period last year increased by 4.19%.

 

Compared to the previous month, in 11 groups of main consumer goods and services, there were 9 groups of goods with price increases: Traffic by 0.54%; other goods and services by 0.51%; household appliances and appliances by 0.41%; culture, entertainment and tourism by 0.34%; apparel, hats and footwear by 0.32%; beverages and tobacco by 0.19%; post and telecommunications by 0.16%; medicines and medical services by 0.08%; education by 0.05%.

 

02 groups of price decreases: Housing, electricity, water, fuel and construction materials by 0.83%; food and catering services by 0.74%.

 

On average, in the first 4 months of 2023, domestic gasoline prices decreased by 12.22% compared to the same period last year according to fluctuations in world prices. This impact caused the overall CPI to drop significantly.

 

Regarding inflation, according to data from the General Statistics Office, core inflation in April 2023 increased by 0.13% over the previous month, by 4.56% over the same period last year. On average, in the first four months of 2023, core inflation increased by 4.9% over the same period in 2022, higher than the overall average CPI (up 3.84%). The main reason is that the average domestic gasoline price in the first 4 months of 2023 decreased by 12.22% compared to the same period last year, the decrease in gas price by 6.73% is a factor restraining the growth rate of CPI but belongs to the group of goods excluded from the core inflation calculation list./.

 

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