CPI in Hanoi decreases by 0.1%

Sunday, 31/12/2023 08:27
Hanoi’s consumer price index (CPI) in December 2023 decreased by 0.1% from the previous month but increased by 4.77% against December 2022, according to the municipal Statistics Office.
People buy goods at the local market. (Photo: hanoimoi.vn)

The average CPI for the whole year 2023 increased by 2.04% compared to the average level of 2022.

Nine of the 11 groups in the commodity basket experienced price hikes, with education services up 5.89%; beverages and tobacco 3.37%; restaurant and catering services 3.12%; housing, electricity, water supply and construction materials 1.85%; apparel, headwear and footwear 1.7%; culture, entertainments and tourism 0.89%; household equipment 0.79%; medicines and medical services 0.33%; and other goods and services 4.69%.

Only two saw price reductions in 2023, including transportation down 1.73%, and post and telecommunication 0.75%.

According to the municipal statistics office, tourism is a key sector that greatly contributed to boosting consumption in the city in 2023./.

BTA

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