Price level is well controlled

The average consumer price index (CPI) in the first 6 months of the year increased by 4.08%, consistent with fluctuations in the commodity and currency price markets and the impact of the world economy.

Up to this point, the price level is still well controlled. In the first week after the wage increase policy took effect, prices at traditional markets were basically stable. There was no "following the flow" situation, increasing prices after increasing wages was the feeling of many consumers.

The education group price index increased by about 8.5% in the first half of this year, which is also a factor that increases the CPI due to some localities increasing tuition fees. This is also a group that needs to be closely monitored as the third quarter is the time to start the new school year. Currently, publishers have announced a reduction in textbook prices of 10-15%, contributing to reducing pressure. inflationary.

Mr. Pham Van Binh - Deputy Director of the Price Management Department, Ministry of Finance said: "We will closely coordinate with relevant ministries and localities to closely monitor market price developments, especially essential goods, and manage prices for goods priced by the state, in order to have an overall scenario for direction and management."

Consumers shop at a supermarket. (Photo: VNA)

"There is still a lot of room to control inflation in the remaining months of the year. The average room for inflation in the remaining 6 months of the year is 4.9% compared to the same period last year," said Ms. Nguyen Thu Oanh - Director of the Price Statistics Department, General Statistics Office.

In addition, concerns about exchange rate pressure on inflation are no longer a concern due to positive signals about the Federal Reserve will soon cut USD interest rates plus abundant domestic foreign currency supply.

At the recent regular Government meeting in June, the Prime Minister emphasized the target for the third quarter, striving to achieve GDP growth of 6.5 - 7%; keeping the consumer price index below 4.5%. Strengthening inspection and checking of prices of goods and resolutely not allowing shortages of electricity, gasoline, food; controlling inflation as the set target.

Source: https://baoquangninh.vn/mat-bang-gia-ca-duoc-kiem-soat-tot-3308006.html