[Vnbiz] June inflation -- slowing down

Thu Jun 26 13:27:24 PDT 2008

Dear brother Phong.

I am loking at each month's performance to see how one month compared to
another.  If the increase in May is 3.91% and June is 2.14% that is an
improvement.  I can't see these two numbers any other way.  Sorry.

The YOY numbers, they may serve some other useful purposes.  But for my
examination of current performance, they serve no purposes for me, because
they contain all preceding months.  If you like to look at the entire year
and say no improvement, then fine.  I look at each month's number and and
say there is great improvement.  There is no reason to argue.  As long as
everyone knows why we say certain things.

Have a great day!

Hoanh

[ Vietnam Business Forum ]

Dear CACC,

June inflation is 2.14%, compared with 3.91% for May.  This is a 45%
decrease.  Great improvement!  But 2.14 is still high; that is the
equivalent of 25.68% per year.  Looks like the main culprit this month is
sitll food with 3.29%, although that is much less than the 22.19% May food
price increase.  Housing & construction materials and household appliances
increase a bit.  Other than that, everything else is just about the same.

Below Ihave the both the June chart (on top) and the May in (at the bottom)
FYI.  These charts are from the General StatisticsOffice of Vietnam.

Have a good day!

Hoanh
____________

>
> *Consumer price index*
> *Gold and USD price indexes, whole country*
> *June 2008*
>
>
>
>   * *
>  Index in June 2008 compared with (%)
>  Index in the  first half year in 2008 compared with same period in 2007
>  *Base year 2005*
>  *June*
> *2007*
>  *Dec. 2007*
>  *May2008*
>
>
>
>
>
>
>  *Consumer price index* *144.30*
>  *126.80*
>  *118.44*
>  *102.14*
>  *120.34*
>  Food and foodstuff 170.32
>  145.55
>  130.73
>  103.29
>  *133.05*
>  *Of which: - Food * 212.71
>  174.29
>  159.44
>  104.29
>  *139.14*
>  *               - Foodstuff* 157.78
>  137.54
>  121.83
>  103.05
>  *131.91*
>  *               - Meals and drinking out* 158.32
>  133.35
>  122.44
>  102.46
>  *127.82*
>  Beverage and cigarette 124.72
>  111.46
>  108.21
>  101.07
>  *108.56*
>  Garment, footwear, hat 121.32
>  109.94
>  106.67
>  100.92
>  *108.50*
>  Housing and construction materials (*) 145.33
>  123.72
>  114.34
>  101.93
>  *120.49*
>  Household appliances and goods 120.45
>  108.44
>  106.41
>  101.28
>  *106.73*
>  Medical products and health care 117.49
>  108.08
>  103.87
>  100.66
>  *107.98*
>  Means of transport and communication 128.05
>  114.88
>  110.58
>  100.35
>  *112.69*
>  *Of which: Postal services and Telecommunication* 83.75
>  88.73
>  90.70
>  99.90
>  *88.07*
>  Education 110.23
>  103.24
>  102.12
>  100.67
>  *102.38*
>  Culture, sport and entertainment 111.49
>  104.23
>  105.29
>  100.40
>  *103.69*
>  Other consumer goods and services 128.13
>  113.02
>  108.14
>  100.96
>  *112.37*
>  * *
>
>  * *
>
>  * *
>  *Gold price index* *213.63*
>  *141.01*
>  *116.27*
>  *104.36*
>  *139.25*
>  *USD price index* *106.55*
>  *104.89*
>  *105.02*
>  *104.69*
>  *100.51*
>    * *
>  * *
>
>  * *
>  * *
>
> (*) Including: housing, electricity, water, fuel and construction
> materials.
>
> *Consumer price index*
> *Gold and USD price indexes, whole country*
> *May 2008*
>
>
>
>   * *
>  Index in May 2008 compared with (%)
>  Index in the five first months in 2008 compared with same period in 2007
>  *Base year 2005*
>  *May*
> *2007*
>  *Dec. 2007*
>  *April 2008*
>
>
>
>
>
>
>  *Consumer price index* *141.28*
>  *125.20*
>  *115.96*
>  *103.91*
>  *119.09*
>  Food and foodstuff 164.89
>  142.35
>  126.56
>  107.25
>  *130.68*
>  *Of which: - Food * 203.96
>  167.84
>  152.88
>  122.19
>  *133.01*
>  *               - Foodstuff* 153.11
>  135.39
>  118.23
>  102.28
>  *130.81*
>  *               - Eating outside* 154.52
>  131.23
>  119.50
>  102.56
>  *126.75*
>  Beverage and cigarette 123.40
>  110.45
>  107.06
>  101.88
>  *107.99*
>  Garment, footwear, hat 120.22
>  109.46
>  105.69
>  100.96
>  *108.22*
>  Housing and construction materials (*) 142.57
>  122.99
>  112.17
>  101.20
>  *119.85*
>  Household appliances and goods 118.93
>  107.48
>  105.07
>  100.93
>  *106.39*
>  Medical products and health care 116.72
>  108.24
>  103.19
>  100.48
>  *107.96*
>  Means of transport and communication 127.60
>  115.52
>  110.20
>  100.34
>  *112.25*
>  *Of which: Postal services and Telecommunication* 83.83
>  87.80
>  90.79
>  99.93
>  *87.94*
>  Education 109.49
>  102.72
>  101.44
>  100.45
>  *102.21*
>  Culture, sport and entertainment 111.05
>  105.11
>  104.87
>  100.57
>  *103.58*
>  Other consumer goods and services 126.91
>  112.50
>  107.11
>  100.33
>  *112.24*
>  * *
>
>  * *
>
>  * *
>  *Gold price index* *204.70*
>  *132.45*
>  *111.41*
>  *96.11*
>  *137.81*
>  *USD price index* *101.78*
>  *100.45*
>  *100.32*
>  *101.02*
>  *99.79*
>    * *
>  * *
>
>  * *
>  * *
>
> (*) Including: housing, electricity, water, fuel and construction
> materials.
>
>
>
>
>
>
>
> --
> Tran Dinh Hoanh, Esq., LLB, JD
> Washington DC_______________________________________________
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-- 
Tran Dinh Hoanh, Esq., LLB, JD
Washington DC
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