Hanoi’s CPI rises 0.26 percent in October
Eight out of ten groups of consumer goods saw small rises, ranging from 0.04 percent to 0.66 percent over the last month, according to the Hanoi Statistics Office.
The eight groups include restaurants and food services; beverages and tobacco; textile products, footwear and clothes; household equipment and appliances; cultural, entertainment and tourism services; housing, electricity, fuel and construction materials; medicine and health services; transport, postal and telecommunications services. Meanwhile, the prices of foodstuffs decreased slightly by 0.82 percent and education services remained unchanged compared to the previous month.
Experts have said that the prices of consumption goods were stable in October.
This month, gold’s price rose by 4.94 percent while the price of the US dollar dropped by 0.45 percent.
Hanoi’s economy is showing sign of recovery thanks to effective Government and municipal policies and consumption stimulus measures.
In October, industrial production in the locality continued to achieve remarkable growth, with industrial production value increasing by 11.2 percent compared to the last month and 10.2 percent over the same period last year. The state-owned sector saw a monthly increase of 1.5 percent and an annual rise of 6.2 percent; the figures for the non-state sector were 4 percent and 13.4 percent and for the foreign invested sector, 19.7 percent and 10.1 percent, respectively.
