The consumer price index (CPI) in May 2021 increased by 0. 16% over the previous month, up 1. 43% compared to December 2020 and up 2. 9% compared to May 2020. On average, in the first 5 months of 2021, CPI increased by 1. 29% over the same period last year, the lowest increase since 2016 (in 2016 it increased by 1. 59%; in 2017 it increased by 4. 47%; in 2018 it increased by 3 0. 01%; 2. 74% in 2019; 4. 39% in 2020; 1. 29% in 2021; core inflation in 5 months increased by 0. 82%. In which, important and essential commodities such as food, foodstuffs, gasoline, electricity and water. . . all have relatively stable prices, without any abnormal fluctuations. Specifically, compared to the previous month, the price of rice decreased by 0. 19% (ordinary rice decreased by 0. 2%; delicious rice decreased by 0. 14%; sticky rice decreased by 0. 28%), domestic rice price decreased due to the source of rice. Abundant supply in the southern provinces, besides the continued decline in export prices of Thailand and India, also made domestic rice prices fall. Pork price decreased by 1. 61% (making the overall CPI decrease by 0. 05 percentage points) due to well controlled African swine fever, guaranteed pork supply (total number of pigs in the whole country increased by 11. 8 in May). % compared to the same period last year); prices of processed pork products decreased (prices of roast meat, ham and sausages decreased by 0. 58%; animal fat decreased by 3. 45%); Poultry meat price decreased by 0. 1% due to stable development of poultry herd nationwide (as of the end of May 2021, the country's poultry flock was estimated to increase by 6. 4% over the same period last year. ). In the opposite direction, the price of fresh seafood increased by 0. 07%; price of processed seafood increased by 0. 03%; chicken price increased 0. 09%; prices of fresh, dried and processed vegetables increased by 2. 62%. Due to the influence of gasoline and oil price adjustments on April 27, 2021 and May 12, 2021, in which the average price of E5 gasoline increased by 440 VND/liter, A95 gasoline price increased by 370 VND/liter, and oil price diesel increased by 450 VND/liter, causing gasoline price to increase by 2. 12%, diesel oil by 2. 8%; electricity and water prices increased by 2. 54% and 1. 27% respectively due to increased consumption demand in hot weather.
The consumer
price
index (CPI) in May 2021
increased
by 0. 16% over the previous
month
, up 1. 43% compared to December 2020 and up 2. 9% compared to May 2020. On average, in the
first
5
months
of 2021, CPI
increased
by 1. 29% over the same period last year, the lowest increase since 2016 (in 2016 it
increased
by 1. 59%; in 2017 it
increased
by 4. 47%; in 2018 it
increased
by 3 0. 01%; 2. 74% in 2019; 4. 39% in 2020; 1. 29% in 2021; core inflation in 5
months
increased
by 0. 82%. In which,
important
and essential commodities such as food, foodstuffs,
gasoline
, electricity and water.
.
.
all
have
relatively
stable
prices
, without any abnormal fluctuations.
Specifically
, compared to the previous
month
, the
price
of
rice
decreased
by 0. 19% (ordinary
rice
decreased
by 0. 2%; delicious
rice
decreased
by 0. 14%; sticky
rice
decreased
by 0. 28%), domestic
rice
price
decreased
due
to the source of
rice
. Abundant supply in the southern provinces,
besides
the continued decline in export
prices
of Thailand and India,
also
made domestic
rice
prices
fall. Pork
price
decreased
by 1. 61% (making the
overall
CPI decrease by 0. 05 percentage points)
due
to well controlled African swine fever, guaranteed pork supply (total number of pigs in the whole country
increased
by 11. 8 in May). % compared to the same period last year);
prices
of processed pork products
decreased
(prices
of roast meat, ham and sausages
decreased
by 0. 58%; animal
fat
decreased
by 3. 45%); Poultry meat
price
decreased
by 0. 1%
due
to stable development of poultry herd nationwide (as of the
end
of May 2021, the country's poultry flock
was estimated
to increase by 6. 4% over the same period
last year
.
)
. In the opposite direction, the
price
of fresh seafood
increased
by 0. 07%;
price
of processed seafood
increased
by 0. 03%; chicken
price
increased
0. 09%;
prices
of fresh, dried and processed vegetables
increased
by 2. 62%.
Due
to the influence of
gasoline
and oil
price
adjustments on April 27,
2021
and May 12, 2021, in which the average
price
of E5
gasoline
increased
by 440 VND/liter, A95
gasoline
price
increased
by 370 VND/liter, and oil
price
diesel
increased
by 450 VND/liter, causing
gasoline
price
to increase by 2. 12%, diesel oil by 2. 8%; electricity and water
prices
increased
by 2. 54% and 1. 27%
respectively
due
to
increased
consumption demand in hot weather.