Business

Slight December CPI increase in major cities

December consumer price index (CPI) increased slightly in Hanoi and Ho Chi Minh City.
December consumer price index (CPI) increased slightly in Hanoi and Ho Chi Minh City.

Hanoi’s CPI rose 0.26 percent from the previous month, driving the city’s 2012 CPI up 8.57 percent from 2011.

Out of the 11 commodity baskets measured, only postal and telecomservices were unchanged. The cost of transport services saw a decreaseof 0.56 percent.

The highest price rise wasrecorded in garment and textiles, hats and footwear, with a monthly riseof 1.36 percent. The price rise of the remaining baskets, includinghousing, fuel and construction material; goods and other services;household goods and utensils; culture, entertainment and tourism;medicine and healthcare services; beverages and cigarettes; and food andrestaurant services, fluctuated by less than 1 percent.

Meanwhile, in HCM City the index increased 0.17 percent from November.

The biggest price hike was in garment and textiles, hats and footwear,which rose 0.96 percent. It was followed by household goods andutensils, with 0.45 percent. Transport services fell by 0.75 percent.Only postal and telecom services were unchanged.-VNA
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