Low inflation and low interest rate environments are typically good times to invest in mutual funds, but what about when inflation and interest rates start to go up? The answer is simple: invest in mutual funds.
VIETNAM BUSINESS NEWS MAY 10 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
10/05/2021 14:01 GMT+7
Businesses advised to stay vigilant to maintain export growth
Despite a rise in export revenue in the first four months of this year, experts suggested that businesses should not be too optimistic as the COVID-19 pandemic has seen complicated developments both in and outside the country.
Statistics from the Ministry of Industry and Trade (MoIT) showed that export value in April grew 44.9 percent over the same period last year, while that in the first four months of 2021 expanded 28.3 percent year on year to 103.9 billion USD.
In March 2021, the inflation rate rose to 2.3% year-on-year, and 0.2% from the previous month. The growth was mainly due to the increase in fuel prices, while essential goods and services have become cheaper since last year.
Photo Credit: Freepik / Illustrative Photo.
Czech Rep., Apr 16 (BD) – The Czech Republic has among the highest rates of inflation in the EU, and in March 2021, consumer prices recorded a year-on-year increase of 2.3%, compared to 2.1% in February, according to data published this week by the Czech Statistical Office (CZSO).
“The growth of fuel prices represents the most significant share in this increase. The average price of petrol was CZK 30.47 per litre, the highest since last February. The average price of diesel was CZK 29.14 per litre, the most expensive since March 2020”, said Pavla Šedivá, Head of the CZSO Consumer Price Statistics Department,.
Growth indicators to ensure an optimistic scenario 08:00 | 09/04/2021
Striving to achieve a GDP growth rate of 6.5 per cent by the end of 2021 is both a goal and a pressure for Vietnam, the outcome of which strongly depends on a further recovery of domestic purchasing power and international trade and travel.
Processing has been a key driver for strong recovery. Photo: Le Toan
Deputy Minister of Planning and Investment Tran Quoc Phuong said, âThe growth rate of the first quarter at 4.48 per cent was low, from the point of view of the ministry.â However, there is still need for an objective view for this growth, because the 5.2 per cent growth scenario for the first quarter is placed in a state of a ânew normalâ, but the recent outbreak in the northern province of Hai Duong and some others has pulled economic growth down again down.
The GSO’s Price Statistics Department explained that the CPI in February saw a strong rise due to the higher demand for food and foodstuffs for the Lunar New Year (Tết) festival.