Hanoi CPI surges 0.57 percent in October

Consumer price index (CPI) of Hanoi City in October rose 0.57 percent compared to the previous month, according to the City Statistics Office.

Recent storms and floods had caused transport costs of vegetables and foodstuff from other provinces to Hanoi City to hike sharply. (File photo)

The City CPI advanced 6.4 percent in first ten months of this year and 6.89 percent year-on-year.

This month, momentum mainly came from factor market instead of from administrative decisions like previous month.

Restaurants and catering services saw strongest rise of 1.01 percent over the previous month, with food soaring 2.96 percent, foodstuff adding 0.95 percent, and eating-out rallying 0.18 percent as recent storms and floods had caused transport costs of vegetables and foodstuff from other provinces to Hanoi City to hike sharply.

Housing, building materials, power, and water followed with 0.7 percent increase in price.

An adjustment in gasoline prices since October 7 has helped transport to become the sole commodity group posting a decline of 0.24 percent compared to last month.

By Anh Thu – Translated by Thuy Doan

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