Thursday, 21/10/2010 10:51

Ha Noi prices up almost 10% on same period in 2009

Ha Noi's consumer price index (CPI) in October surged dramatically by 1.22 per cent over last month's figures, which was the highest increase during the past eight months, reported the Ha Noi General Statistics Office on OCtober 23.

The capital city's CPI rose 9.86 per cent in comparison with the first 10 months of last year. Of the 11 commodity groups, only prices in the post and telecommunications sector remained unchanged this month.

The food and restaurant services sector experienced a 2.5 per cent increase in October.

The sectors of housing, electricity, water, fuel and construction materials saw rises of 1.35 per cent over last month's figures.

According to market insiders, the high increase in CPI this month resulted from the increase in tourists that were in the capital during the millennium celebrations, which drove up prices at restaurants.

Domestic gold prices continued to fluctuate daily as the price increased on the global market, lifting the gold price index by 8.14 per cent over last month and 38.88 per cent over the same period last year.

However, the US dollar exchange rate index rose just 0.85 per cent over September and 7.49 per cent over the first 10 months of last year.

HCM City's CPI in October rose by a modest 0.45 per cent over last month's figures, lifting the year's total to 6.01 per cent during the first 10 months of the year.

In October, nine commodity groups' prices increased. The beverage and cigarette sectors' prices increased by the largest 1.3 per cent. The housing, water, electricity, fuel and building materials groups and other goods and services also hiked by more than 1 per cent.

Food and restaurant services increased by 0.51 per cent against last month. Recent natural disasters caused a strong hike in food prices.

vietnamnews

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