Hanoi’s CPI drops by 0.17%
VGP - Hanoi ’s consumer price index (CPI) in June fell slightly by 0.17% against last month, but rose by 6.32% compared with the same period last year, according to the Hanoi ’s Statistics Office.
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There was a slight reduction of 0.05% in restaurants prices and catering services; housing, electricity, water, fuel and construction materials dropped by 1.86% and transport costs were 1.73% lower.
Other groups, including beverages and tobacco; textiles, hats and footwear; household equipment and utensils; medicines and health care services; culture, entertainment and tourism services and education all saw price rises.
Textiles, hats and footwear took the lead with a rise of 1.35% over the previous month, however most other groups experienced increases of less than 1%.
Economic analysts attribute the contraction in restaurant prices and catering services in June to the general trend of foodstuffs dropping in price thanks to bumper crops and abundant supplies in the southern provinces.
The falling global price of oil and gas has also helped to lower domestic prices.
During the January-June period, the average monthly growth rate stood at 0.42% and the average CPI for the first six months rose by 11.38% over the same period last year./.
