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Hanoi’s CPI rises 5.23 percent in Q1

The consumer price index (CPI) of Hanoi in the first quarter of 2020 increased by 5.23 percent against the same period last year, according to the municipal Statistics Office.
Hanoi’s CPI rises 5.23 percent in Q1 ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) – The consumer price index (CPI) of Hanoi in thefirst quarter of 2020 increased by 5.23 percent against the same period lastyear, according to the municipal Statistics Office.

In March, the city’s CPI decreased 0.89 percent against the previousmonth, but rose 0.1 percent over December 2019 and 4.36 percent year-on-year.

Seven out of 11 commodity groupsrecorded declining prices compared to February, with transport costs experiencing thehighest fall of 4.19 percent as petrol prices sharply decreased over the period.

It was followed by culture, entertainment, and tourism services witha month-on-month reduction of 2.97 percent due to impacts of theCOVID-19.  
The groups of restaurantand catering services; and housing, electricity,water, fuel, and building materials recorded respective declines of 0.77 percent and 0.54percent.

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

The price ofpostal services and telecommunications recorded the lowest decline of 0.07percent.

Other commodities, including householdappliances; medicine and health care services; and garments, footwear and hats;and education slightly increased by 0.1 percent, 0.04 percent, 0.03 percent and0.02 percent, respectively.

This month, the pricesfor gold and the US dollar respectively rose by 3.49 percent and 0.05 percent comparedto the previous month./.
VNA

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