Data reveal CPI increases in Ha Noi and HCM City

Mar 24th at 13:25
24-03-2015 13:25:50+07:00

Data reveal CPI increases in Ha Noi and HCM City

March's consumer price indices (CPIs) in the country's two largest cities have both risen, data from the authorities in Ha Noi and HCM City showed.

 

Ha Noi's CPI rose 0.38 per cent over the previous month and was up 0.65 per cent, compared with the same period last year.

The Ha Noi Statistics Office said surging demand for livestock and poultry during the period had pushed up the prices of food and catering services by 0.74 per cent, contributing to the rise in the CPI.

In addition, a cooking gas price hike of VND5,000 (24 US cents) from March 1 had lifted prices of housing, electricity, water and building materials by 0.33 per cent over February.

Gold prices plunged 3.25 per cent and the US dollar price lifted 0.02 per cent against the previous month.

Meanwhile, the HCM City Statistics Office reported a growth of 0.16 per cent in the city's CPI for March. The figure for the first three months also represented a 0.54 per cent annual increase.

The office said the increase was triggered by a sharp rise in demand for food and restaurant services (0.51 per cent), garments, hats and shoes (0.05 per cent), culture and entertainment (0.05 per cent) and housing, electricity, water and building materials (0.02 per cent).

Decreases were recorded in commodities and services (0.48 per cent), transportation (0.43 per cent), family appliances (0.04 per cent) and beverages and tobacco (0.22 per cent), said the office.

In contrast to the CPI, the prices of gold fell 0.54 per cent, while the US dollar exchange rate rose 0.82 per cent.

bizhub



NEWS SAME CATEGORY

Viet Nam plans aviation expansion

Viet Nam is aiming to expand its aviation industry to being ranked fifth in the East Asia region by market share.

Hi-tech firms sowing seeds of future profits

Technology firms and large multinational companies around the globe have begun venturing into agriculture and utilizing their expertise to turn strong profits...

Door to public-private partnerships open for private investors

Analysts believe that the latest decision to remove the state-owned capital limit for projects developed through private public partnership (PPP) would trigger a...

Start-up business ideas to take off in 2015

Start-ups could earn millions of dollars by providing seedlings, raising Kerria lacca and developing Motorway apps, according to business plans expected to be...

More private investments called for improving Vietnam’s healthcare sector

Vietnam’s healthcare authorities continue to court increased private investments, but making efficient use of private-sector capacity and benefits remains an issue.

Sun Group to invest $350 million in Quang Ninh airport

Privately-run Sun Group will invest approximately VND7.5 trillion ($348.8 million) into the construction of the Quang Ninh International Airport in the Van Don...

Three richest Vietnamese men step into agriculture to meet local demand

The three richest Vietnamese men on the local stock exchangehave already entered, or announced that they will, agriculture, from vegetable planting and livestock...

Vinpearl authorised to buy stake in Nha Trang Port

The prime minister has allowed the state-run Vietnam National Shipping Lines (Vinalines) to sell a 34.7 per cent stake in the Nha Trang Port Joint Stock Company...

PM okays new economic corridor

Prime Minister Nguyen Tan Dung has approved a broad plan to establish a new economic corridor to enable goods to flow more freely between Viet Nam, China and...

Businesses win recognition for management excellence

Nineteen Vietnamese businesses have been awarded the 2014 national gold quality awards in recognition of outstanding performances in the building and application of...


MOST READ


Back To Top