CPI in HN, HCM City Slightly Increase
The Consumer Price Index (CPI) in Ha Noi and Ho Chi Minh City showed respective slight increases of 0.47 per cent and 0.05 per cent in February due to the high demand for goods during Tet holidays, according to statistic offices.
The Ha Noi Statistics Office reported that the CPI in February rose by 0.47 per cent against the previous month and 1.73 per cent year-on-year.
This month, the city saw the highest growth in prices at 2.45 per cent from the goods group of restaurant and catering services.
They were followed by the group of cultural, entertainment and tourism services with rise in prices at 1.12 per cent.
It also said two groups which showed a reduction in prices compared with the previous month were the group of housing, electricity, tap water, and fuel, along with building material by 0.62 per cent, while the group of transportation services was down by 3.59 per cent due to lower fuel and gas prices.
In February, the price of gold surged by 2.08 per cent while the price of U.S. dollar dropped 0.65 per cent compared to previous month.
The CPI in Ho Chi Minh City showed a slight increase of 0.05 per cent over the previous month and 0.72 per cent year-on-year.
Seven goods items showed an increase in prices including the group of restaurant and catering services up 1.25 per cent, food up 1.55 per cent and the group of beverages and tobacco which was up by 0.79 per cent.
The office said the group of housing, electricity, tap water, and fuel along with building material dropped by 0.05 per cent against the previous month and the prices of transport also dropped steeply at 4.52 per cent.
VGP
Vietnamese
