The consumer price index (CPI) in Nghe An province increased by 0.31% in October.
In October 2024, a sharp increase in gold prices, along with rising prices of essential consumer goods and services, were the main reasons for the 0.31% increase in the consumer price index (CPI) compared to the previous month.
According to the Nghe An Statistics Department, in October 2024, 9 out of 11 commodity groups saw price increases compared to the previous month: Clothing, hats, and footwear increased by 0.59%; Transportation increased by 0.56%; Food and food services increased by 0.42%; Household equipment and appliances increased by 0.32%; Other goods and services increased by 0.31%; Beverages and tobacco increased by 0.29%; Culture, entertainment, and tourism increased by 0.13%; Housing, electricity, water, and construction materials increased by 0.04%; and Education increased by 0.04%.
There are two groups of goods whose price indices remained unchanged compared to the previous month: medicines and medical services, and postal and telecommunications services.
On average, the consumer price index increased by 4.7% in the first 10 months of 2024 compared to the same period of the previous year.
Ten out of eleven commodity groups showed an increase compared to the same period last year, including: Housing, electricity, water and construction materials (up 15.35%); Other goods and services (up 5.97%); Medicines and medical services (up 5.54%); Food and catering services (up 3.79%); Beverages and tobacco (up 2.36%); Transportation (up 2.07%); Culture, entertainment and tourism (up 1.77%); Household equipment and appliances (up 1.16%); Education (up 0.82%); Clothing, hats and footwear (up 0.8%).
One product group saw a decrease compared to the same period last year: postal and telecommunications services, which fell by 0.07%.
The gold price index in October 2024 increased by 7.25% compared to the previous month and by 53.81% compared to the same period last year. The average for the first 10 months of 2024 increased by 33.98% compared to the same period last year. Domestic gold prices fluctuated in line with world gold prices.
The US dollar index rose 0.43% compared to the previous month and 1.83% year-on-year. The average for the first 10 months of 2024 was a 2.53% year-on-year increase.
