(MENAFN) Vietnam's consumer price index (CPI) in May is expected to increase 0.16 percent over that in April, according to the General Statistics Offices (GSO), Xinhua reported.
The May CPI figure is likely to post an annaul surge of 0. 95 percent, the GSO said on its website. Compared to December 2014, the country's May CPI is forecast to go up by 0.2 percent.
The rise in May's CPI is mainly attributed to the recent hike in prices of petroleum and electricity, which makes price index of transport group in May increase by 1.02 percent.
Among the 11 commodities in the CPI basket, only the group of food and foodstuff is likely to see price reduction of 0.22 percent in May compared to April, while price of education remains unchanged.
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