The latest figures released from the Da Nang General Statistics Office show that Da Nang’s Consumer Price Index (CPI) in April increased by 0.86% as compared to the previous month, and up 2.65% over the same period last year.

On average, in the first 4 months of the year, CPI rose by 0.91% as compared to the average of the same period in 2021.

As compared to March, 8 out of the 11 main groups of goods and services recorded an increase in CPI, namely housing, electricity and water, fuel and construction materials up  by 3.34%, beverages and tobacco 1.04%, appliances and household appliances 1%, apparel, hats and footwear by 0.71%, food and catering services increased by 0.45%, culture, entertainment and tourism by 0.15%, medicines and medical services by 0.12%, other goods and services 0.11%.

There were 2 groups of goods that decreased in CPI as compared to the previous month, namely transportation down 0.85% and post and telecommunications down 0.21%.

The remaining one with stable CPI is the education group.

The reason affecting CPI in April was the policy of adjusting the world gas price, causing the retail price of gas in Da Nang to increase by 2.82% compared to the previous month.

In addition, the impact of higher gasoline prices over the months, the soaring cost of input materials and transportation made the prices of food and catering services outside the home increase.

Also, the increase in gasoline prices also increased the group of home repair and home appliance repair services.

April saw a public holiday break lasting for many days, so the travel demand of people increases and the price of transportation services also increased sharply by 7.81% as compared to the previous month.

Reporting by MINH LE - Translating by A.THU