January consumer price index in Hanoi up 3.09% annually
On February 5, the Hanoi Statistics Office announced that the capital city’s consumer price index (CPI) for January inched up 0.51% from the previous month, with 10 out of 11 groups experiencing price hikes.
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| The CPI in Hanoi increased 0.51% month-on-month and 3.09% year-on-year in January 2025. |
Leading the pack was the culture, entertainment, and tourism group, which saw the sharpest monthly increase at 0.74%. Close behind was the transportation group, rising by 0.73%; housing, electricity, water, fuel, and construction materials group 0.72%; food and dining services 0.57%; beverages and tobacco 0.54%.
Smaller increases were recorded in apparel, headwear and footwear 0.34%; household appliances 0.31%; medicine and healthcare services 0.06%; and education 0.04%.
The postal and telecommunications services group was the sole exception, recording a modest decline of 0.07%.
Looking at the bigger picture, Hanoi's CPI climbed by 3.09% year-on-year, with the biggest annual jumps in medicine and healthcare services (19.91%); housing, electricity, water, fuel and construction materials (6.37%); food and dining services (3.27%); culture, entertainment and tourism (3.87%).
The gold price index in January edged up 0.97% month-on-month and 34.18% year-on-year. Similarly, the US dollar price index saw a 0.12% monthly increase and a 3.92% annual rise.
Total retail sales of goods and consumer services were estimated at 84.9 trillion VND (3.396 billion USD), marking an 8.6% monthly increase and a 26.4% annual surge, driven by strong consumption demand ahead of the Lunar New Year holiday, which fell in January, said the municipal Statistics Office.
(Source: VNA)
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