Two major hubs see CPI rises in April

(VNF) - Hanoi’s Consumer Price Index (CPI) in April rose 0.2% over a month earlier and surged 0.74% compared to the same month last year, reported the municipal Statistics Office.

The rise in CPI was due to increases in petrol, oil and electricity prices pushing up the price index of two groups transport and housing-electricity-water-fuel-building materials by 2.5% and 1.84%.

Household equipment and appliances saw a CPI increase of 0.34% while the price of clothing, hats and footwear soared 0.25% from the previous year. Other groups saw slight fluctuations.

Food groups enjoyed a price decrease of 0.72% thanks to abundant supply and reduced demand due to the hot weather, contributing to the price reduction. Consequently, the restaurant and service sector dropped 0.49% from the previous month.

The Ho Chi Minh city municipal Statistics Office has reported a slight increased CPI in the southern hub, at 0.03% higher than March and up 0.8% year on year.

Accordingly, four out of 11 commodities witnessed CPI declines, including restaurant and service (0.54%), beverage and cigarette (0.15%), home appliances and equipment (0.02%) and post and telecom (0.17%).

Meanwhile, other commodities saw increases over the previous year. Specifically, housing and gas increased 0.29%, transport surged 2.71% and fuel products climbed 6.35%)./.

( Compiled by VNF )