Hanoi\'s Consumer Price Index (CPI) rose by 1.76 percent in May, a 11.6 percent increase compared to the same period last year, the city\'s General Statistics Office (GSO) announced.
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Compared to December 2010, the Index rose by 19.08 percent.
The May CPI was 3.3 percent lower than in April.
The prices of 10 out of 11 commodities, including housing and construction materials which rose by 2.99 percent, increased during May due to a hike in gas retail prices.
The increase in gas retail prices pushed restaurant service prices up by 2.25 percent, according to the city\'s GSO.
Transport experienced an increase of 2.23 percent.
Beverage, tobacco, textiles, hats, foot-wear and entertainment saw surges of over 1 percent due to seasonal factors and long national holidays.
The gold price rose by 1.62 percent whilst the US dollar slipped by 0.75 percent compared to previous months.
Telecommunications declined by 1.73 percent.
The low increase in the CPI during May has been attributed to a decrease in spending, the city\'s GSO added.
