Hanoi’s CPI for September edges up 0.51%
Hanoi’s consumer price index (CPI) for September rose 0.51% against August, according to the Municipal Statistics Office.
Since September of last year, inflation in the city has increased 3.26%.
The Municipal Statistics Office reports the CPI increase is principally attributable to an 8.55% increase in the education costs. These costs are up due to increasing tuition fees in universities and colleges in line with the roadmap approved by the Prime Minister.
Education costs were followed by restaurant and food services, which experienced a price hike of 0.31%.
Two baskets of goods seeing declines during the month included housing, electricity, water and fuel (0.91%) and transport (1.96%).
In September, gold prices declined by 1.65%. The price of the US dollar also fell by 0.09% on-month.
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