Hanoi sees 0.15 percent CPI drop in March

Hanoi’s consumer price index (CPI) in March declined by 0.15 percent over last month’s figure, but up 5.99 percent against that of the same period last year.
Hanoi’s consumer price index (CPI) in March declined by 0.15 percent over last month’s figure, but up 5.99 percent against that of the same period last year.

It was attributed to the plunge in prices of foodstuff and restaurant services (0.21 percent) and that of housing, electricity, water, fuel and construction materials (1.22 percent).

According to economic experts, the purchasing power often went down after the nine-day Lunar New Year (Tet) holiday, which ended on February 6.

Gas price dropped 31,000 VND per a 12kg cylinder since the beginning of the month.

Meanwhile, prices of beverages and tobacco rose slightly, up by 0.37 percent; garments-textiles, headwear and footwear, 0.14 percent; household utensils, 0.17 percent, and medicines and healthcare services, 0.06 percent.-VNA

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