Rising transportation, electricity, water, and construction material costs pushed the consumer price index (CPI) up 0.59% in June.
According to the Nghe An Provincial Statistics Office, the consumer price index in June 2025 increased by 0.59% compared to the previous month and by 2.53% compared to the same period last year.
In June 2025, due to stricter management of sand mining, increased domestic construction demand, and the expiration of mining licenses for many sand mines, the prices of raw materials for some construction materials increased, leading to a sharp rise in construction material prices in the area. Additionally, global political instability caused gasoline and diesel prices to rise compared to the previous month; food prices also increased due to demand and prolonged hot weather, which were the main reasons for the 0.59% increase in the Consumer Price Index (CPI) in June 2025 compared to the previous month.
The consumer price index in June 2025 increased by 0.59% compared to the previous month and by 2.53% compared to the same period last year.
Of the 11 main groups of goods and services, 8 groups saw price increases compared to the previous month: Transportation increased by 1.56%; Housing, electricity, water and construction materials increased by 1.23%; Food and catering services increased by 0.51%; Culture, entertainment and tourism increased by 0.23%; Beverages and tobacco increased by 0.19%; Other goods and services increased by 0.18%; Clothing, hats, footwear increased by 0.13%; and Household equipment and appliances increased by 0.08%.
There was one group of goods whose prices decreased compared to the previous month: postal and telecommunications services, down 0.01%; and two groups of goods whose indices remained unchanged compared to the previous month: medicine and medical services; and education.
On average, in the first six months of 2024, the consumer price index increased by 1.98% compared to the same period of the previous year. Eight out of eleven commodity groups saw increases, including: Medicines and medical services (up 13.33%); Other goods and services (up 6.83%); Housing, electricity, water, fuel and building materials (up 3.7%); Food and catering services (up 3.02%); Culture, entertainment and tourism (up 1.17%); Clothing, hats and footwear (up 1.17%); Beverages and tobacco (up 0.87%); and Household equipment and appliances (up 0.78%).
Three out of eleven commodity groups saw a decrease: Transportation (down 5.88%), Education (down 0.84%), and Postal and Telecommunications (down 0.38%).
The gold price index in June 2024 decreased by 1.64% compared to the previous month, but increased by 49.67% year-on-year. The average for the first six months of 2024 increased by 47.19% year-on-year. Domestic gold prices fluctuated in line with world gold prices.
The US dollar index rose 0.14% compared to the previous month and 2.41% year-on-year. The average for the first six months of 2024 was a 2.53% year-on-year increase.
