Vegetables pictured at Big C supermarket in Ho Chi Minh City
Photo: Tuoi Tre
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Ho Chi Minh City’s consumer price index (CPI) this month rose 2.38 percent month on month and 16.23 year on year, according to the municipal Statistics Office.
The HCMC's CPI has risen by 10.86 percent since December, 2010.
Hanoi's CPI in May soared 1.76 percent month on month, said Hanoi Statistics Office, adding that the capital city's CPI in May surged 19.08 percent year on year and rose 11.59 percent from last December.
In the southern economic hub, only post and telecom services had their prices dropped while all other commodities and services had their price hiked.
The commodities posting the highest growth were medicines and medical services (4.25 percent), food and restaurant services (3.77 percent), housing, electricity, water, fuel and construction materials (2.9 percent), and transportation services (2.77 percent).
Other commodities, including garment, headwear and footwear; household utensils and appliances; cultural, entertainment and tourism services; beverages and cigarettes; and education services saw slight increases.
Gold prices in the southern hub rose 1.57 percent while US dollar prices fell 2.66 percent against the previous month.
The situation in the capital city is nearly the same with only post and telecom services saw their prices drop (1.73 percent) in comparison with last month.
The biggest price hikes in the month were seen in the group of housing, electricity, water, fuel and building materials (2.99 percent), following by food and restaurant services (2.25 percent) and transportation services (2.23 percent).
Other categories including cultural products, recreation and tourism; education; health care; and home appliances saw month-on-month increases of less than 2 percent.
Also during the month, the gold price increased 1.62 percent against last month while the US dollar price was down 0.75 percent month on month.