Business
CPI jumps in both major cities
  • | VNA | September 23, 2013 11:06 AM
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.
 
Illustrative photo. 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. Photo by Dan Tri/DTiNews.
Statistics from offices in Hanoi and Ho Chi Minh City showed that the index of the capital experienced a slight rise of 0.57 percent while the southern hub witnessed a 3.13 percent increase over last month.

This month's CPIs for HCM City and Hanoi saw year-on-year surges of 5.13 percent and 6.68 percent, respectively.

In HCM City, increased prices were reported in four out of 11 goods and services.

They included education-related commodities increasing sharply at 57.2 percent; goods and services, up 1.69 percent; housing, power and water, up 0.84 percent; and restaurants and catering services, up 0.41 percent.

In Hanoi, 10 out of 11 goods and services also increased in price. The highest increase belonged to education-related commodities, reported at 2.02 percent.

The offices 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.

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