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Vietnam Today

Hanoi CPI inches upwards

Released at: 10:27, 23/07/2015

Hanoi CPI inches upwards

Prices rise in capital but only marginally.

by Son Ho

July CPI in Hanoi rose by 0.18 per cent compared to June and 0.98 per cent compared to July last year, according to the General Statistics Office.

Nine out of the eleven goods monitored increased, with garments, footwear and hats recording the highest increase, of 0.47 per cent.

Home appliances and housing, electricity, water, fuel, and building materials followed, with 0.38 per cent and 0.32 per cent growth, respectively. This was because the recent spell of hot weather caused many people to buy new cooling products and consume more power and water.

Other slight increases were seen in beverages and tobacco (0.26 per cent), culture, entertainment, and tourism (0.13 per cent), food and restaurants (0.13 per cent), transport (0.11 per cent), medicine and healthcare services (0.06 per cent), and other commodities and services (0.18 per cent).

Education and telecommunications remained stable.

Source: General Statistics Office of Hanoi

Meanwhile, the gold price fell 3.75 per cent and US dollar rose 0.01 per cent in July against June.

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