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September CPI in HCM City picks up 0.56% month on month

The September CPI in Ho Chi Minh City increased by 0.56% from August, with rises seen in the prices of eight out of 11 groups of commodities used to calculate the index.

The highest increase, 1.4%, was seen in transport services, driven by higher prices of fuels and means of transport. The group of housing, utilities and construction materials posted a 1.11% hike.

Three groups of commodities with price reduction are post and telecom services (0.94%), beverage and tobacco (0.31%) and garment, headgear and footwear (0.14%).

The average CPI in the first nine months of the year went up 3.45% from the same period last year, with rises seen in nine groups of commodities except for transport services and post-telecom.

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