Hanoi, HCMC see fall in CPI in March

Consumer Price Index of Ho Chi Minh City in March dropped by 0.29 percent compared to the previous month but rose 1.15 percent compared to the beginning of the year, announced the City Statistics Office recently.

Among 11 commodity groups, six posted a decline, consisting of goods and other services with 0.62 percent; restaurants and catering services with 0.6 percent; beverages and cigarettes with 0.35 percent; transport with 0.34 percent; culture, entertainment, and tourism with 0.47 percent; and garments, hats, and footwear with 0.08 percent.

Meanwhile, housing, power, water, and construction materials ticked up 0.38 percent; and household appliances inched up 0.07 percent.

This month, gold price index fell 2.94 percent while the US dollar price index climbed 1.2 percent over the previous month.

Hanoi City’s Statistics Office also reported a drop of 0.21 percent in the Consumer Price Index in March, which surged 2.04 percent compared to December last year.

Of which, foods saw a fall of 1.36 percent compared to last month while eating-out stabilized. Other commodity groups also climbed but at an insignificant rate.

The gold price index sank 1.38 percent, and the US dollar price index soared 0.42 percent compared to the previous month.

By T.Mai – Translated by Thuy Doan

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