Hanoi CPI up 1.22 percent

The October consumer price index (CPI) in Hanoi surged 1.22 percent month on month, the highest rate since March this year, reported the Hanoi Statistics Office.

Strongest increases were seen in restaurant and food services, 2.50 percent, followed by housing, electricity, fuel and construction materials, 1.35 percent against September.

According to experts, a large number of visitors to Hanoi during the capital city’s millennial anniversary pushed up prices of food and drink services, while the prices of post and telecommunication services remained unchanged.

Gold surged 8.14 percent over the previous month due to the increase in the world’s gold price while the US dollar value rose by 0.85 percent.

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