Da Nang’s Consumer Price Index (CPI) in February is likely to have risen by 1.07% against January.

Over the month, the highest increase is predicted to be a 4% increase for restaurant and food services, largely due to a rise in the price of food during Tet.

The prices of other goods and services are likely to have risen by over 1.4%, also due to the hike in prices before and during Tet. 

However, the price of transportation is predicted to have declined significantly by 4%.  The prices of housing, electricity, water, fuels, and building materials are likely to have decreased by 0.55%, with post and telecommunications by 0.3%.  The main reason for these decreases is the fall in domestic fuel prices.

Shoppers at a local supermarket