Tuesday, 21/09/2010 17:20

HCM City’s CPI up 0.97% in September

Ho Chi Minh City’s consumer price index (CPI) in September saw a month-on-month increase of 0.97 percent after declining for two consecutive months.

According to the municipal Statistics Department, the index was up 7.6 percent from a year earlier and 5.54 percent from the beginning of the year.

All 11 groups of commodities in the city experienced price hikes despite the promotion month and ongoing price stabilisation programme.

The biggest price increase was seen in education, soaring 5.57 percent as all schools re-open after the summer vacations, pushing demands for books, stationary and clothes.

The price index in Hanoi , the country’s other economic hub, also increased by 0.96 percent with educational products jumping 7.17 percent from the previous month.

vietnamnews

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