The food group price index in December 2023 increased by 1.75% compared to the previous month. The price of rice increases, causing the price of vermicelli, pho, rice paper, bread.... to also increase.
According to the General Statistics Office, the rice price index increased by 2.39% (regular rice increased by 2.69%; delicious ordinary rice increased by 1.61% and sticky rice increased by 0.75%).
Domestic rice prices increased along with export rice prices due to a sharp increase in import demand in many countries around the world. The global rice supply is decreasing due to the increasingly profound effects of climate change and India, Russia, and the UAE restrict rice exports.
During the month, the price of ordinary rice usually ranges from 14,600-18,200 VND/kg; Bac Huong rice price ranges from 19,800-23,300 VND/kg; The price of delicious ordinary rice in Nang Thom Dao market is from 21,500-23,400 VND/kg; Sticky rice price ranges from 26,200-40,000 VND/kg.
The increase in rice prices affects the price index of other food items such as the price of vermicelli, pho noodles, and rice cakes in December increased by 1.39% compared to the previous month; vermicelli increased by 0.49%; bread increased by 0.19%; cornstarch increased by 0.26%; Instant noodles, noodles, pho, and porridge increased by 0.37%; Wheat flour increased by 0.36%
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