CPI picks up 0.62 pct in July

The CPI in July saw a year-on-year increase of 2.64 percent. 

The average CPI growth in seven months only rose 1.64 percent compared to the same period last year, the lowest figure recorded since 2016 while the core inflation was up by 0.89 percent. 

Among 11 baskets of goods and consumption services, the prices of seven groups increased including transport up 2.36 percent, housing and building material up 0.88 percent, restaurants and food services up 0.67 percent, beverage and tobacco up 0.18 percent, household commodity and equipment up 0.06 percent, education up 0.03 percent and medicine and health service up 0.03 percent.   

The prices of culture, entertainment and tourism, telecommunications, garments, headwear and footwear witnessed respective decreases of 0.1 percent, 0.05 percent and 0.03 percent. 

By Thuy Dung