(VOVworld) The consumer price index (CPI) in July rose only 0.23 percent on the previous month, driving the seven-month figure up 1.62 percent, the lowest increase in 13 years.
The General Statistics Office said all 11 groups in the commodity basket experienced price hikes ranging from 0.04 percent to 0.44 percent in July. The highest was recorded in transport services as a result of petrol price increases in late June and early July. Meanwhile, culture, entertainment and tourism services registered the most modest price rises. Experts forecast the CPI would continue to rise in August as the new school year begins.