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Vietnam’s Consumer Price Index (CPI) saw a significant increase of 3.32 percent in April, says the General Statistics Office (GSO).

The country’s CPI in the first four months rose by 9.64 percent against December, 2010 and was 13.95 percent higher than 2010’s figure.

Transport took the lead for the second month in a row with 6.04 percent.

GSO Director General Do Thuc attributed the CPI increase to the impact of the decision to adjust the prices of electricity and petrol in March.

The CPI is predicted to continue rising until June due to market-based price management mechanism for key input commodities including electricity, coal, and petrol.

However, it is still under control as synchronous measures have been taken to implement the Government’s Resolution 11.

The increasing prices of most essential commodities such as food and foodstuff, fuel, and energy will have strong impacts on people’s living conditions, especially retired people, students and the poor.

It is, therefore, necessary for the Government to work out effective measures to ensure the welfare of those people.

(VOVNEWS)