Illustrative image (Photo: VNA)
Hanoi's consumer price index (CPI) in September decreased by 0.6 percent compared to the previous month and increased by 2 percent over the same period last year, according to the city's Department of Statistics.
Eight out of 11 commodity groups in the price basket posted price decreases month-on-month, with biggest reduction in the education group (3.27 percent) because a number of schools reduced tuition fees for the 2021-2022 school year in order to alleviate difficulties caused by the COVID-19 pandemic.
Prices of housing, electricity, water, fuel and construction materials decreased by 1.71 percent as the city implemented a reduction in electricity prices to support customers affected by the COVID-19 pandemic.
Three commodity groups, namely culture, entertainment and tourism; food and catering services; medicine and health services, saw their prices go up slightly compared to the previous month.
The average CPI in the first 9 months of 2021 of the capital city increased by 1.54 percent compared to the same period in 2020. Commodity groups with high price increases were transport (7.71 percent); housing, electricity, water, fuel and construction materials (up 3.47 percent) and education (2.1 percent).
Three commodity groups saw price decreases, which were culture, entertainment and tourism (down 2.76 percent); post and telecoms (down 1.06 percent) and restaurant and catering services (down 0.09 percent)./.