First-quarter CPI sees highest rise in 2016-2020

  • Photo: Customers at VinMart  supermarket  in Hanoi. VNA Photo: Minh Quyết
    Photo: Customers at VinMart supermarket in Hanoi. VNA Photo: Minh Quyết
  • Photo: Customers at VinMart  supermarket  in Hanoi. VNA Photo: Minh Quyết
    Photo: Customers at VinMart supermarket in Hanoi. VNA Photo: Minh Quyết
  • Photo: Customers at VinMart  supermarket  in Hanoi. VNA Photo: Minh Quyết
    Photo: Customers at VinMart supermarket in Hanoi. VNA Photo: Minh Quyết
  • Photo: Customers at VinMart  supermarket  in Hanoi. VNA Photo: Minh Quyết
    Photo: Customers at VinMart supermarket in Hanoi. VNA Photo: Minh Quyết
The consumer price index (CPI) in the first quarter of 2020 rose by 5.56 percent, the highest increase during the 2016-2020 period, Director of the General Statistics Office (GSO) Nguyen Bich Lam said. The rise was attributed to the increasing demand for food in January and February – the duration of the Lunar New Year (Tet). Food and vegetable prices climbed up 13.21 percent and 4.14 percent respectively. The COVID-19 outbreak began in late January 2020, so the demand for some medical products, electricity and water also increased, pushing up their respective prices by 1.43 percent, 9.89 percent and 4.75 percent. VNA Photo: Minh Quyết

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