Water Price Drives Hanoi Inflation in November

Tuan Minh

12:03 21/11/2015


The consumer price index or CPI of Vietnam’s capital city of Hanoi in November is estimated to have edged up 0.04% month-on-month and 0.76% year-on-year, pushed up by the price of tap water.

Water Price Drives Hanoi Inflation in November

A vendor of fruits in Hom market, downtown Hanoi. (Photo: www.tintucnongnghiep.com)

Eight of the 11 commodity categories used for the city’s CPI calculation saw their prices up in November, the municipal Statistics Office said in a report on Friday.
The rise in consumer prices in the city was ascribed to a hike in running water price, which resulted in a 0.37% rise in the housing, electricity and water, fuel and building materials category, said the office.
The price of gold in the city, which is not taken into CPI basket, rose 0.1% in November from October while the price of U.S. dollar slid 0.38%.
The General Statistics Office is due to release Vietnam’s CPI next week.


Từ khóa: cpi, hanoi