Hanoi sees September CPI down 0.6 percent over previous month

October 01, 2021 | 14:11

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Hanoi's consumer price index (CPI) in September decreased by 0.6 percent compared to the previous month and increased by 2 percent over the same period last year, according to the city's Department of Statistics.

Hanoi sees September CPI down 0.6 percent over previous month

Illustrative image (Photo: VNA)

Hanoi - Hanoi's consumer price index (CPI) in September decreased by 0.6 percent compared to the previous month and increased by 2 percent over the same period last year, according to the city's Department of Statistics.

Eight out of 11 commodity groups in the price basket posted price decreases month-on-month, with biggest reduction in the education group (3.27 percent) because a number of schools reduced tuition fees for the 2021-2022 school year in order to alleviate difficulties caused by the COVID-19 pandemic.

Prices of housing, electricity, water, fuel and construction materials decreased by 1.71 percent as the city implemented a reduction in electricity prices to support customers affected by the COVID-19 pandemic.

Three commodity groups, namely culture, entertainment and tourism; food and catering services; medicine and health services, saw their prices go up slightly compared to the previous month.

The average CPI in the first 9 months of 2021 of the capital city increased by 1.54 percent compared to the same period in 2020. Commodity groups with high price increases were transport (7.71 percent); housing, electricity, water, fuel and construction materials (up 3.47 percent) and education (2.1 percent).

Three commodity groups saw price decreases, which were culture, entertainment and tourism (down 2.76 percent); post and telecoms (down 1.06 percent) and restaurant and catering services (down 0.09 percent).

VNA

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