The CPI also increased by 3.45% over the same period last year.
Of the 11 main consumer goods and services groups, 8 groups increased in price compared to the previous month, 2 groups decreased in price, while the group of household appliances and equipment remained unchanged.
The two groups of goods that decreased in price were transportation (-0.01%) and food (-0.32%).
According to the General Statistics Office, the increase in medical service prices according to Circular No. 22/2023/TT-BYT, the increase in tuition fees according to Decree No. 81/2021/ND-CP and the continued increase in domestic rice prices following the export price of rice are the main reasons for the increase in the CPI index in November 2023.
CPI in November increased by 0.25% compared to the previous month. (Illustration photo)
On average, in the first 11 months of 2023, the CPI increased by 3.22% over the same period last year. Factors that increased the CPI in the first 11 months of 2023 include the average airfare price index increasing by 87.29% over the same period last year, the education price index increasing by 7.35%, the housing and construction materials price index increasing by 6.67%, the food price index increasing by 6.17%, the electricity price index increasing by 4.55%, the beverage and tobacco price index increasing by 3.36%, and the other goods and services price index increasing by 4.51%.
Core inflation in November 2023 increased by 0.16% compared to the previous month and by 3.15% compared to the same period last year. On average, core inflation in the first 11 months of 2023 increased by 4.27% compared to the same period in 2022, higher than the average CPI increase (up 3.22%).
In particular, the average domestic gasoline price in the first 11 months of 2023 decreased by 12.12% compared to the same period last year, the gas price decreased by 7.5%, which is a factor that restrains the CPI growth rate but belongs to the group of goods excluded from the list of core inflation calculations.
Gold price index in November 2023 increased by 2.77% compared to the previous month; increased by 8.8% compared to December 2022; increased by 9.29% compared to the same period last year; average 11 months of 2023 increased by 3.38%.
USD price index in November 2023 increased by 0.05% compared to the previous month; increased by 1.61% compared to December 2022; decreased by 1.03% compared to the same period last year; average 11 months of 2023 increased by 1.94%.
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