CPI jumps in both major cities

Monday, Sep 23, 2013 07:35

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.— Photo cohoigiaothuong

HA NOI (Biz Hub)— 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. — VNS

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