Nghe An: Consumer Price Index (CPI) in February 2016 increased by 3.73%.
The Lunar New Year of the Year of the Horse falls in February 2026, leading to increased shopping demand and putting significant pressure on the goods market. The Consumer Price Index (CPI) for February 2026 is projected to increase by 3.73% compared to February 2025.
Nghe An Statistics Department has just released its latest report on the socio-economic situation in February. The report states that in February 2026, out of 11 main groups of goods and services, 10 groups showed an increase in price index compared to the previous month, including: Food and food services (up 3.36%); Other goods and services (up 2.71%); Beverages and tobacco (up 1.29%); Transportation (up 0.96%); Housing, electricity, water and construction materials (up 0.77%); Clothing, hats, and footwear (up 0.71%); Household equipment and appliances (up 0.34%); Culture, entertainment and tourism (up 0.22%); Postal and telecommunications services (up 0.16%); and Medicines and medical services (up 0.1%).
There is one product group that neither increased nor decreased compared to the previous month: Education.
On average, the consumer price index (CPI) increased by 2.99% in the first two months of 2026 compared to the same period of the previous year. Ten out of eleven commodity groups increased year-on-year, including: Food and food services (up 5.94%); Housing, electricity, water, fuel and building materials (up 4.35%); Beverages and tobacco (up 3.21%); Other goods and services (up 2.71%); Clothing, hats and footwear (up 2.7%); Culture, entertainment and tourism (up 1.97%); Household equipment and appliances (up 0.93%); Postal and telecommunications services (up 0.34%); Education (up 0.12%); and Medicines and medical services (up 0.06%).
One product group saw a decrease compared to the same period last year: Transportation, which fell by 2.65%.
The gold price index in February 2026 increased by 10.52% compared to the previous month and by 87.25% compared to the same period last year. Domestic gold prices fluctuated in line with world gold prices.
The US dollar index in February 2026 decreased by 1.33% compared to the previous month, but increased by 1.28% compared to the same period last year.
According to assessments, the supply of essential goods such as vegetables, fruits, livestock, poultry, and seafood in the province is basically ensured before, during, and after Tet. The factors causing price increases are mainly temporary, stemming from increased demand for shopping and processing, as well as input costs for production, transportation, and distribution of goods.
Commercial and service activities in the province in February 2026 were vibrant, with many programs to stimulate demand, connect, and promote trade being implemented to serve the shopping needs of people during the Lunar New Year of the Horse. Out-of-home dining services increased due to agencies and units organizing conferences, seminars, and customer appreciation events during Tet. These are the main reasons for the increase in total retail sales and consumer service revenue in February 2026..
Total retail sales of goods and consumer service revenue in February 2026 are estimated at VND 16,495.2 billion, an increase of 12.52% compared to the previous month and a 22.13% increase compared to the same period last year. For the first two months of 2026, total retail sales of goods and consumer service revenue are estimated at VND 31,156.4 billion, an increase of 16.04% compared to the same period last year.
