Hanoi’s CPI picks up in June over petrol price adjustment

16:26 | 23/06/2015 Economy- Society

Hanoi’s consumer price index (CPI), an indicator of inflation growth in the city, grew by 0.13 percent in June from the previous month and 0.98 percent against the same month last year, buoyed by the increase in petrol prices.

Hanoi’s CPI picks up in June over petrol price adjustment

A motorcyclist has his vehicle's gas tank filled (Photo: VNA)

Triggered by the petrol price adjustment on May 20, the price bracket saw the sharpest rise in transportation, soaring 3.58 percent from May.

Meanwhile, price decreases were seen in food and restaurants (0.43 percent), thanks to the abundant supply of food and farm produce.

Slight surges were seen in garments, footwear and hats (0.14 percent); housing, electricity, water, fuel, and building materials (0.06 percent); home appliances (0.1 percent); beverages and tobacco (0.49 percent); medicine and healthcare services (0.05 percent); culture, entertainment and tourism (0.17 percent); and other commodities (0.1 percent).

Prices in post-communication and education sectors remained unchanged.

Last month, the Hanoi Statistics Office announced that the capital city's CPI showed a month-on-month increase of 0.12 percent from April and a year-on-year surge of 0.93 percent.

The office said the increase was mainly due to a surge in petrol prices since May 5 that pushed a number of commodity prices up, especially transport prices, which jumped 1.06 percent from April./.

Source: VNA

Theo ven.vn