The consumer price index (CPI) of Hanoi in March increased slightly compared to February but no specific figure has been given, according to a report from the municipal Statistics Office.
Hanoi (VNA) – The consumer price index (CPI) of Hanoi in March increased slightly compared to February but no specific figure has been given, according to a repo🌟rt from the municipal Statistics Office.
According to the office, the increase was attributed to the rise in medicine and health service sectors, as health service prices rose from March 1, 2016.
Culture, entertainment, and tourism costs also climbed due to high demand during the spring festival season and the International Women’s Day on March 8.
Other areas that saw light price rises were home appliances, apparel, headwear, footwear and education.
In contrast, the prices of oil and petrol continued to go down, contributing to the sharp decrease in the transport sector. Some groups of commodities that also saw prices drop were housing, electricity, tap water, fuel and building materials.
In the same month, gold prices on the local market rebounded by 7.73 percent compared with the previous month. The 99.99 pure gold was traded at 3.33 million VND (150 USD) per tael (37.5g) at private shops, while the US dollar at commercial banks remained stable, with a slight fall of 0.1 percent.
The municipal People’s Committee is implementing several economic solution packages and administrative reform in order to tackle difficulties for local enterprises.-VNA
Hanoi’s consumer price index (CPI) for October showed an increase of 0.12 percent over the previous month and a year-on-year rise of 0.42 percent, according to the Hanoi Statistics Offices (GSO) .
Vietnam posted a 0.63 percent increase in the consumer price index (CPI) in 2015, the slowest since 2001 and much lower than the 5 percent target set by the National Assembly.
The February consumer price index (CPI) inched up 0.42 percent month on month and 1.27 percent year on year, mainly driven by high food demand during the Lunar New Year (Tet) holiday.
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The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
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With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
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Illustrative image (Photo: VNA)
