CPI sees slight month-on-month increase

October 31, 2017 11:00 AM GMT+7

VGP – The consumer price index (CPI) witnessed a month-on-month surge of 0.34% and a year-on-year growth of 1.94%, the Ha Noi Statistics Office reported.

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In the first ten months, CPI jumped 3.36% against the same period last year.

In comparison with September, prices of housing and building materials picked up 0.57%; transport (up 0.56%); restaurants and food services (up 0.38%); goods and services (up 0.56%).

Experts attributed the CPI increase to negative impacts of floods and landslides in the North and Central Region and the wedding season, leading to higher prices of food and foodstuff.

In addition, higher costs of petrol, gas, education fees, drugs also contributed to growing CPI./.

By Khanh Phuong