Hanoi’s consumer price index (CPI) in January rose 1.30 percent over the previous month, the city’s Statistics Office reported.

The index was up 7.96 percent over the same period last year.

Ten of the 11 goods groups, including foods and restaurants services, beverages and tobacco, garment and footwear, housing-electricity-fuel and construction material, home appliances and equipment, medicine and health care services, transport, cultural, recreational and tourism products, education and other goods and services experienced slight increases, ranging from 0.01-1.66 percent. In particularly, price of food in the foods and restaurants services group surge 4.68 percent over last month.

Meanwhile, the price of post and telecom service remained unchanged.

As the Lunar New Year (Tet) festival is coming near, experts predict that prices of food serving for Tet will continue to increase from 5-7 percent.

During January, gold price fell by 3.62 percent compared to the previous month but increased 52.6 percent over the same period last year.

The USD/VND exchange rate decreased 0.28 percent compared to last December, however, rose by 10.7 percent over the same period last year./.