(kontumtv.vn) – Food prices continued to increase due to the impact of storms and floods, domestic gasoline prices increased following world prices, and rental housing prices increased, which were the main reasons for the consumer price index (CPI) in October 2024 to increase by 0.33% compared to the previous month.

According to the report just released by the General Statistics Office, in the 0.33% increase in CPI in October 2024 compared to the previous month, there were 10 groups of goods and services with increased price indexes and 1 group of goods with decreased price indexes.

Of which, the transportation group increased the most with 0.66% (causing the general CPI to increase by 0.06 percentage points), mainly due to the 2.27% increase in diesel oil prices; domestic gasoline prices increased by 0.98% due to the impact of price adjustments during the month; air passenger transport prices increased by 32.75% due to increased consumer demand.

Next, the food and catering services group increased by 0.55% (impacting an increase of 0.18 percentage points in the general CPI), of which food increased by 0.77%; foodstuff increased by 0.66% (impacting an increase of 0.14 percentage points) mainly due to supply shortages after storms.

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Food and foodstuff prices increased after storms and floods, causing the CPI in October 2024 to increase by 0.33% compared to the previous month.

The education group increased by 0.48%, of which the price of educational services increased by 0.53% due to the tuition increase of some private kindergartens, colleges, vocational schools, intermediate schools, universities, and postgraduate schools.

The post and telecommunications group alone decreased by 0.05%, of which smartphone and tablet accessories decreased by 0.46%; prices of smartphone and tablet computers decreased by 0.28%; prices of regular mobile phones decreased by 0.17%. In contrast, phone repair prices increased by 0.4% due to increased labor costs.

CPI in October 2024 increased by 2.89% over the same period last year. On average, in the first 10 months of 2024, CPI increased by 3.78% over the same period last year.

Core inflation in October 2024 increased by 0.23% compared to the previous month and by 2.68% compared to the same period last year. On average, core inflation in the first 10 months of 2024 increased by 2.69% compared to the same period in 2023, lower than the average CPI increase (3.78%), mainly due to the prices of food, foodstuffs, electricity, education services, medical services and gasoline, which are factors that increase the CPI but are excluded from the list of core inflation calculations.

The Doan/Tin Tuc Newspaper