CPI jumps in both major cities

CPI jumps in both major cities

The consumer price indices (CPI) in the country's two largest cities continued to increase in September due to a price surge in education-related commodities and services following the start of the new school year.

Statistics from offices in Ha Noi and HCM City showed that HCM City witnessed a 3.13 per cent increase over last month, while the index for Ha Noi showed a slight rise of 0.57 per cent.

This month's CPIs for HCM City and Ha Noi saw year-on-year surges of 5.13 per cent and 6.68 per cent, respectively.

In HCM City, increased prices were reported for four out of 11 goods and services.

This included education-related commodities increasing sharply at 57.2 per cent; goods and services up 1,69 per cent; housing, power and water up 0.84 per cent; and restaurants and catering services up 0.41 per cent.

In Ha Noi, 10 out of 11 goods and services also increased in price. The highest increase belonged to education-related commodities which was reported at 2.02 per cent.

The departments said that education-related commodities and services increased at the fastest pace this month due to the new school year, bringing with it a high demand for books and school supplies and also some increases in school fees.

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