Hanoi’s CPI drops in November hinh anh 1Transport costs records the highest price decline of 1.67 percent in November as petrol prices decreased twice over the period (Photo: VNA)
Hanoi (VNA) – The consumer price index (CPI) of Hanoi saw a decrease of 0.26 percent in November against the previous month and down 4.17 percent year-on-year, announced the city’s Department of Statistics.

Transport costs recorded the highest price decline of 1.67 percent as petrol prices decreased twice over the period.

Two key groups that saw a reduction in the price index were the housing, electricity, water, fuel, and building materials prices, along with the restaurant and catering services.

The growth rate of the price of other goods was not significant enough to offset the declines.

This month, prices for gold and the US dollar saw opposite trends, as gold increased by 1.15 percent, while the greenback declined 0.05 percent over the previous month.

In November, the city raked in 1.28 billion USD from exports, up 4.4 percent month-on-month and 28.5 percent against the same period last year. The figure for the first 11 months of 2018 stood at nearly 13 billion USD, a rise of 20.9 percent year-on-year.

Meanwhile, imports reached 2.86 billion USD, increasing 7.1 percent month-on-month and 14.1 percent over the previous year. In the first 11 months, Hanoi imported goods worth more than 28 billion USD, up 8 percent.

The city welcomed nearly 4 million visitors in the first 11 months of 2018, up 18.7 percent year-on-year. –VNA