CPI to rise slightly on tuition hike
HA NOI (VNS) - Consumer price index (CPI) this
month will likely increase slightly by 0.5-0.6 per cent against September,
according to the Domestic Market Regulation Department under the Ministry of
Industry and Trade.
Besides cyclical
factors such as season change, the ongoing storm season and prices of goods
and services, CPI also faces pressure this month from the credit growth
target and price hikes of clean water and school tuition, the department
said.
Prices of some
essential commodities such as rice, fresh meat and aquatic products and
animal feed will stabilise this month thanks to abundant supply while prices
of vegetables and urea will rise slightly.
Ongoing price
stabil-isation programmes in big cities such as Ha Noi and
Credit institutions
expect this month's CPI to rise by 0.76 per cent from September, according to
a survey conducted by the Monetary Forecast and Statistics Department under
the State Bank of
The institution
also expected inflation to hit 7 per cent this year, lower than the 7.05 per
cent expectation in the previous survey.
The department
forecast that domestic prices would rise significantly in the last months of
the year due to high demand on the occasion of the new year and a price hike
in the world market. - VNS
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Thứ Ba, 15 tháng 10, 2013
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