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Hanoi: CPI reaches a plateau in October

The consumer price index in October picked up 0.57% against the previous month and saw a month-on-month increase of 6.89%, according to the municipal Statistics Office.

The consumer price index (CPI) in October picked up 0.57% against the previous month and saw a month-on-month increase of 6.89%, according to the municipal Statistics Office.

Hanoi: CPI reaches a plateau in October - 1
 

CPI increased by 6.4% in the first ten months of 2013.

In the tenth month, the market developments were mainly blamed for CPI increase.

The group of food and restaurants witnessed the highest price rise at 1.01% in comparison with the previous month, of which prices of food increased by 2.96%; foodstuff 0.95% and restaurants 0.18%.

Prices of housing, building materials, electricity and water surged 0.7% against the previous month.

Meanwhile, transport cost dropped by 0.24% thanks to the petrol price cut on October 7. This is the only group of commodity which experienced the falling cost.

Prices of gold and USD fell by 3.33% and 0.11%, respectively.

Source: VGP
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