The March consumer price indices (CPI) in the country’s two largestcities have both recorded a rise, according to the statistics offices ofHanoi and Ho Chi Minh City.
Hanoi’s CPI rose by 0.38 percent over the previous month and up 0.65 percent compared to the same period last year.
The Hanoi Statistics Office said that surging demand for livestock andpoultry during the period pushed up the prices of food and restaurantservices by 0.74 percent, contributing to the CPI rise.
Inaddition, a gas price hike of 5,000 VND (0.24 USD) from March 1 haslifted prices in housing, electricity, water and building materials upby 0.33 percent over February.
The gold price plunged 3.25 percent and the USD price lifted 0.02 percent against the previous month.
The Ho Chi Minh City Statistics Office also reported a growth of 0.16percent in the city’s CPI for March. The figure for the first threemonths also represented a 0.54 percent annual increase.
The office said that the increase was triggered by a sharp rise indemands of food and restaurant services (0.51 percent), garments, hatsand shoes (0.05 percent), culture and entertainment (0.05 percent) andhousing, electricity, water and building materials (0.02 percent).
Meanwhile,decreases were seen in commodities and services (0.48 percent),transportation (0.43 percent), family appliances (0.04 percent) andbeverages and tobacco (0.22 percent).
In contrast to the CPI, the price of gold fell by 0.54 percent while the USD exchange rate rose 0.82 percent.-VNA
Hanoi’s CPI rose by 0.38 percent over the previous month and up 0.65 percent compared to the same period last year.
The Hanoi Statistics Office said that surging demand for livestock andpoultry during the period pushed up the prices of food and restaurantservices by 0.74 percent, contributing to the CPI rise.
Inaddition, a gas price hike of 5,000 VND (0.24 USD) from March 1 haslifted prices in housing, electricity, water and building materials upby 0.33 percent over February.
The gold price plunged 3.25 percent and the USD price lifted 0.02 percent against the previous month.
The Ho Chi Minh City Statistics Office also reported a growth of 0.16percent in the city’s CPI for March. The figure for the first threemonths also represented a 0.54 percent annual increase.
The office said that the increase was triggered by a sharp rise indemands of food and restaurant services (0.51 percent), garments, hatsand shoes (0.05 percent), culture and entertainment (0.05 percent) andhousing, electricity, water and building materials (0.02 percent).
Meanwhile,decreases were seen in commodities and services (0.48 percent),transportation (0.43 percent), family appliances (0.04 percent) andbeverages and tobacco (0.22 percent).
In contrast to the CPI, the price of gold fell by 0.54 percent while the USD exchange rate rose 0.82 percent.-VNA
