Hanoi sees 2.25% rise in CPI in first quarter

Wednesday, 29/03/2023 11:57
Hanoi’s consumer price index (CPI) in March 2023 decreased by 0.22% compared to the previous month, increased by 0.62% compared to December 2022 and increased by 1.26% compared to the same period last year, according to the City Statistics Office.
Hanoi sees 2.25% rise in CPI in first quarter. (Photo: CPV)

The average CPI in the first quarter of this year increased by 2.25% compared to the average of the same period in 2022.

In March, three out of 11 groups of goods saw a downturn in prices, including housing, electricity, water, fuel, and construction materials down 0.57%; restaurant and dining services 0.5%; food 0.29% and transport 0.08%.

The remainder posted a slight price increase month-on-month, including culture, entertainment, and tourism up 0.44%; apparel, headwear, and footwear up 0.2%; equipment and household appliances 0.15%; post and telecommunications, beverages, and tobacco 0.06%; education, medicines, and medical services 0.02%.

In the first quarter, tourism, dining services, beverages, and tobacco saw price increases, as did apparel, headwear, and footwear. Household equipment, housing, electricity, water, fuel, and construction materials also increased in price, as did medicine and healthcare services. Education, post and telecommunications, and transport trended downward.

The city reported 11.9 billion USD in total exports-imports, down 9.9% annually. Of which, 3.72 billion USD was exports and the remaining was imports, down 4.6% and 12%, respectively year-on-year./.

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