Hanoi’s January CPI rises 0.95 percent
Inflation in the
capital city of Hanoi saw a one-month surge of 0.95 percent in
January.
Inflation in the
capital city of Hanoi saw a one-month surge of 0.95 percent in
January.
Officials blamed the spike in prices on rising consumer demand ahead of the Tet (Lunar New Year) holiday in February.
According to the Hanoi Statistics Office, prices posted increases in
10 out of the 11 categories to goods and services used to calculate the
consumer price index, with food and services rising by 1.84 percent and
garments and footwear by 1.47 percent.
Only the cost of
transportation saw a decrease, falling 0.14 percent from December, 2012,
following a 300/litre VND rice drop in the retail price of petrol in
late December./.VNA
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