At a supermarket in Hanoi (Photo: VNA)Hanoi (VNA) - The March CPI in Hanoi fell 0.21 percent month-on-monthbut rose 1.12 percent year-on-year, according to the municipal Statistics Office.
Seven out of 11 groups of commodities posted price declines in March comparedto February, with food and catering services experiencing a fall of1.54 percent, driven by declines in the price of food (2.24 percent) and fruitand vegetables (8.97 percent). Many types of fruit and vegetables saw a bumperharvest, which provided the market with an abundant supply and eased the pressureon prices.
Others witnessing month-on-month falls included beverages and tobacco (0.41percent), post and telecommunications (0.22 percent), and culture,entertainment, and tourism (0.11 percent).
Growth was seen in three groups, with the largest rise of 2.36 percentrecorded in transport as a result of petrol and oil prices being revised upwardstwice during the month, by a total of 6.87 percent and 7.9 percent,respectively.
Housing, electricity, and construction materials fell 0.35 percent whileeducation services eased 0.01 percent.
The index rose 0.04 percent year-on-year in the first quarter on theback of rising prices in education services (2.72 percent), beverages andtobacco (1.4 percent), housing, electricity, water, fuel, and constructionmaterials (0.8 percent), and home appliances (0.78 percent).
Three groups posted weakening prices, with the largest fall of 5.13percent seen in transport as people refrained from travelling during the Tet(Lunar New Year) holiday following a resurgence of COVID-19 in late January.
Gold prices in March were down 3.51 percent month-on-month but up 15.45percent year-on-year. They grew by an average of 22.33 percent from January to March./.
VNA
