Business

Hanoi CPI up 1.22 percent

The October consumer price index (CPI) in Hanoi surged 1.22 percent month on month, the highest rate since March this year, reported the Hanoi Statistics Office.
The October consumer price index (CPI) in Hanoi surged 1.22 percentmonth on month, the highest rate since March this year, reported theHanoi Statistics Office.

Strongest increases were seen inrestaurant and food services, 2.50 percent, followed by housing,electricity, fuel and construction materials, 1.35 percent againstSeptember.

According to experts, a large number of visitorsto Hanoi during the capital city’s millennial anniversary pushed upprices of food and drink services, while the prices of post andtelecommunication services remained unchanged.

Gold surged8.14 percent over the previous month due to the increase in the world’sgold price while the US dollar value rose by 0.85 percent./.
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