JavaScript is off. Please enable to view full site.

CPI rise in Hanoi, HCMC lowest in decade

CPI rise in Hanoi, HCMC lowest in decade

Sunday, February 23, 2014, 13:30 GMT+7

During February, the month of the traditional New Year festival, the Ho Chi Minh City’s consumer price index (CPI) rose 0.24 percent, the lowest increase over the past ten years, according to a report issued by HCMC’s Statistical Office.

Among 11 groups of products and services in the CPI basket, the group of restaurant and catering services rose by 0.76 percent in comparison to last month’s figure as food prices increased during the traditional lunar New Year festival.

Nine out of 11 groups of products and services had its prices increased. The group of travelling and post offices went up by 0.69 percent while the prices of beverage and cigarettes also rose by 0.33 percent.

The prices of both household appliances and garment and textile-headwear-footwear groups increased slightly 0.1 and 0.02 percent, respectively while the prices of telecommunications and educational services remained stable.

Prices of medicine-healthcare and housing-electricity-fuel-construction materials decreased by 0.01 and 1.49 percent, respectively.

In other news, a report recently released by Hanoi’s Statistical Office also shows that the Hanoi’s CPI rose 0.49 percent in February compared to last month - also a decade-low rate, and rose 5.93 percent year on year.

The group of restaurant and catering services saw an increase of 1.06 percent in its price while the price of medicine-healthcare; educational services and telecommunications remained stable. Prices of housing-electricity-fuel-construction materials went down 0.5 percent.

In HCMC, the gold price in February rose by 0.31 percent, while the US dollar price went down slightly by 0.07 percent. In Hanoi, gold prices increased 2.64 percent, while the US dollar price decreased slightly by 0.01 percent against January.



Read more




‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Latest news