Higher exports and consumption demand led by the across-the-board economic recovery, coupled with a global inflationary pressure, have pushed up the prices of basic neccessities.
Keeping inflation in check was among the top priorities for the Government this year, said Prime Minister Nguyen Xuan Phuc at a meeting with the Steering Committee on Price Management in Ha Noi.
If there are no unexpected factors in the remaining months of the year, it is feasible to control the consumer price index (CPI) this year at a low level of 3.3-3.5 per cent.
Deputy Prime Minister Vuong Dinh Hue has asked ministries, sectors and localities to maintain the consumer price index (CPI) at between 3.17-3.41 per cent in 2019.
Deputy Prime Minister Vuong Dinh Hue has urged the Government’s Steering Committee for Price Management to keep consumer price index (CPI) growth below 4 per cent in 2018.