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Ha Noi's CPI up 1.76 per cent in May
Ha Noi's Consumer Price Index (CPI) rose by 1.76 per cent in May, a 11.6 per cent increase compared to the same period last year, the city's General Statistics Office (GSO) announced.
Compared to December 2010, the Index rose by 19.08 per cent.
The May CPI was 3.3 per cent lower than in April.
The prices of 10 out of 11 commodities, including housing and construction materials which rose by 2.99 per cent, increased during May due to a hike in gas retail prices.
The increase in gas retail prices pushed restaurant service prices up by 2.25 per cent, according to the city's GSO.
Transport experienced an increase of 2.23 per cent.
Beverage, tobacco, textiles, hats, foot-wear and entertainment saw surges of over 1 per cent due to seasonal factors and long national holidays.
The gold price rose by 1.62 per cent whilst the US dollar slipped by 0.75 per cent compared to previous months.
Telecommunications declined by 1.73 per cent.
The low increase in the CPI during May has been attributed to a decrease in spending, the city's GSO added.
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