November CPI increases by 0.32%
The Consumer Price Index (CPI) in November grew by 0.32 percent against October and up 2.1 percent on-year, the General Statistics Office (GSO) reported.
The rise was attributed to the rise in petroleum prices and consumer goods and services in localities where Covid-19 had been brought under control.
Out of 11 groups of main commodities and services, nine saw price hikes.
The rise was attributed to the rise in petroleum prices and consumer goods and services in localities where Covid-19 had been brought under control.
Out of 11 groups of main commodities and services, nine saw price hikes.
The Consumer Price Index in November grew by 0.32 percent against October and up 2.1 percent on-year
The transport group witnessed the highest month-on-month increase of 3.11 percent which was due to the fuel price hike. Prices of housing and construction materials increased by 0.46 percent against October and electricity saw a rise of 1.04 percent. The consumer goods and services experienced a rise of 0.33 percent compared to October.
According to the GSO, in the first eleven months of this year, the CPI rose by 1.84 percent on-year, the lowest level since 2016.
Meanwhile, education prices decreased by 0.92 percent against October, while food and catering services dropped 0.17 percent.
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