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Customers buy bread at Big C supermarket in Ha Noi. — VNA/VNS Photo Tran viet |
Nguyen Tien Thoa, director of the ministry's Pricing Management Department, said the recovery of the world economy and increasing demand for materials for production and business would push prices up on the world market by the end of this year.
He said the department should be able to keep the expected increases down to a modest level. However, the high demand for goods and services before Tet, plus any diseases in livestock would keep the pressure on prices.
Difficulty in raising capital for production and electricity costs would also add to the pressure.
Thoa said the State would check on the amount of goods in stock and register sales prices of 17 essential goods to avoid speculation.
By the end of December, prices of electricity, coal, paper, cement, tap water, transport would be stabilised.
Last week, Prime Minister Nguyen Tan Dung called on ministries, agencies and municipal and provincial authorities to implement strategies to stabilise the market and boost production.
Directive No1875/CT-TTg has been designed to ensure Viet Nam's growth rate reaches 6.5 per cent and the consumer price index (CPI) does not rise above 8 per cent. — VNS
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