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- Like other Asian countries, as the dollar weakened in the years 2007-2008 has created the shock of rising oil prices, the price of gold, the price of food ... from the adverse impact on prices in Vietnam. World market prices continued to rise, increasing petroleum (crude oil prices from $ 60 / barrel in early 2007 rose to over $ 100 / barrel in late 2007), an increase of 30% iron and steel, fertilizers increased by 20%, wheat increased by 60%, yarn, cotton, plastics, ... At the same time the country exported goods (rice, coffee, rubber, pepper, things ...) also occurs with very high prices, especially the price food wage increase of over 30%, so buying prices also increased, thereby greatly affect overall domestic prices, whereas when calculating the CPI, the weight of food in our high percentage (42 , 85%), housing construction materials accounted for 10%, gasoline prices increased in 2007, world gold prices rose very high and domestic, indirect impact is the psychological impact on other prices, should CPI increase.
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