VietNam – High pork prices pushed July CPI up 0.4%

In the opposite direction, the traffic group price index in July 2022 decreased by 2.85% compared to the previous month, causing the overall CPI to decrease by 0.28 percentage points, mainly due to the downward adjustment of domestic gasoline prices.

Core inflation in July 2022 increased by 0.58% over the previous month, up 2.63% over the same period last year. On average, in the first 7 months of 2022, core inflation increased by 1.44% over the same period in 2021, lower than the overall average CPI (up 2.54%), which reflects consumer price fluctuations mainly due to food prices and gasoline prices.

Domestic gold prices fluctuate in the same direction as world gold prices. The gold price index in July 2022 decreased by 2.39% compared to the previous month; an increase of 6.31% over the same period in 2021; On average, in the first 7 months of 2022, it will increase by 6.58%.

The US dollar price index in July 2022 increased by 0.62% over the previous month and increased by 1.77% over the same period in 2021; On average, in the first 7 months of 2022, it will increase by 0.08%.BY MAUSOLEUM

ANH NGUYEN – LINKPIZ.COM

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