Hanoi’s CPI rises 5.23% in Q1

The consumer price index (CPI) of Hanoi in the first quarter of 2020 increased by 5.23% against the same period last year, according to the municipal Statistics Office.

hanoi’s cpi rises 5.23% in q1 hinh 0
Illustrative image (Photo: VNA)
In March, the city’s CPI decreased 0.89% against the previous month, but rose 0.1% over December 2019 and 4.36% year-on-year.

Seven out of 11 commodity groups recorded declining prices compared to February, with transport costs experiencing the highest fall of 4.19% as petrol prices sharply decreased over the period.

It was followed by culture, entertainment, and tourism services with a month-on-month reduction of 2.97% due to impacts of the COVID-19.  
The groups of restaurant and catering services; and housing, electricity, water, fuel, and building materials recorded respective declines of 0.77% and 0.54%.

Meanwhile, the beverages and cigarettes, and other goods and services both saw a price drop of 0.25%.

The price of postal services and telecommunications recorded the lowest decline of 0.07%.

Other commodities, including household appliances; medicine and health care services; and garments, footwear and hats; and education slightly increased by 0.1%, 0.04%, 0.03% and 0.02%, respectively.

This month, the prices for gold and the US dollar respectively rose by 3.49% and 0.05% compared to the previous month.

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