Shoppers at a supermarket in Hanoi. (Photo: VNA)Hanoi (VNA) – Hanoi’s consumer price index (CPI) in 2023 is estimated to increase 2.04% year-on-year, according to the Hanoi Statistics Office.
Nine of the 11 groups in the commodity basket experienced price hikes, with education services up 5.89%; beverages and tobacco 3.37%; restaurant and catering services 3.12%; housing, electricity, water supply andconstruction materials 1.85%; apparel, headwear and footwear 1.7%;culture, entertainments and tourism 0.89%; household equipment 0.79%;medicines and medical services 0.33%; and other goods and services 4.69%.
Only two saw price reductions in 2023, includingtransportation down 1.73%, and post and telecommunication 0.75%.
According to the municipal statistics office,tourism is a key sector that greatly contributed to boosting consumption in the city in 2023.
Hanoi's CPI dropped by 0.1% in December from the previous month and roseby 4.77% compared to December 2022.
Two groups ofgoods/services had prices fall compared to the previous month, includingtransportation down 1.73% due to two consecutive gasoline price falls on December 7 and December 14. Meanwhile, the groupof housing, electricity, water, fuel, and construction materials decreased by0.06%./.
