Last month, the rate of increase in consumer prices recorded around 5%, and the rate of increase in prices decreased in one month as the trend of price increase centered on petroleum products and agricultural, livestock and marine products slowed.
According to the 'Consumer Price Trends for November' announced by the National Statistical Office, the consumer price index last month was 109.10 (2020=100), up 5.0% from the same month last year.
The rate of increase is the lowest since April (4.8%).
Inflation rose to 6.3%, the highest since the Asian financial crisis, in July, then fell to 5.7% in August and 5.6% in September, before rising to 5.7% in October due to electricity and gas bill hikes.
Excluding last October, the pace of inflation has gradually slowed after peaking in July.
However, since last May (5.4%), it has continued to rise by more than 5% for the 7th consecutive month.
By item, the price of agricultural, livestock and marine products rose 0.3%, slowing the rise significantly from the previous month (5.2%), while agricultural products fell 2.0%.
It is the first time since last May (-0.6%) that agricultural product prices fell from a year ago.
Livestock products rose by 1.1% and fishery products by 6.8%.
Industrial products rose 5.9%, slowing down from the previous month (6.3%).
The rate of increase in core inflation (index excluding agricultural products and petroleum products), which shows the basic trend of inflation, remained the same as the previous month at 4.8%, the highest level since February 2009 (5.2%).