The Consumer Price Index (CPI) in Nghe An province decreased by 0.17% in August.
The downward adjustment of fuel prices in line with national prices, along with a decrease in the prices of essential consumer goods and services compared to the previous month, are the main reasons for the 0.17% decrease in the consumer price index (CPI) in August 2024 compared to the previous month.
According to the Nghe An Statistics Department, in August 2024, 5 out of 11 commodity groups saw a decrease in price index compared to the previous month: Transportation decreased by 2.32%; Clothing, hats, and footwear decreased by 0.16%; Household equipment and appliances decreased by 0.04%; Beverages and tobacco decreased by 0.02%; Culture, entertainment, and tourism decreased by 0.01%.
Five out of eleven commodity groups saw price increases compared to the previous month: Food and food services increased by 0.33%; Postal and telecommunications services increased by 0.19%; Education increased by 0.17%; Other goods and services increased by 0.04%; Housing, electricity, water and construction materials increased by 0.02%.
There is one group of goods whose price index remained unchanged compared to the previous month: Medicines and medical services.
On average, the consumer price index (CPI) increased by 5.43% in the first eight months of 2024 compared to the same period last year. Ten commodity groups showed year-on-year increases: Housing, electricity, water, and construction materials (up 18.62%); Other goods and services (up 5.68%); Medicines and medical services (up 5.55%); Transportation (up 3.9%); Food and catering services (up 3.86%); Beverages and tobacco (up 2.57%); Culture, entertainment, and tourism (up 1.9%); Education (up 1.24%); Household equipment and appliances (up 1.11%); Clothing, hats, and footwear (up 0.85%). One commodity group showed a year-on-year decrease: Postal and telecommunications services (down 0.01%).
The gold price index in August 2024 increased by 1.35% compared to the previous month and by 42% compared to the same period last year. The average for the first eight months of 2024 increased by 30.52% compared to the same period last year. Domestic gold prices fluctuate in line with world gold prices.
The US dollar index fell 0.45% compared to the previous month, but rose 4.04% year-on-year. The average for the first eight months of 2024 was a 2.72% increase year-on-year.
