04/10/2017 | 17:16:14

Hanoi: Consumer price index rises over 3 percent

Customers shop at AEON Mall Long Bien Trading Centre in Hanoi. The city's CPI in September posted a month on month rise of over 3 percent. (Photo: VNA)

Hanoi’s Consumer Price Index (CPI) in September posted a month on month rise of over 3 percent as reported by the municipal Statistics Office.

The Office attributed the rise to the rising prices of the groups of foods and foodstuff, which made the largest part in the groups of commodities subject to calculation for the index.

At a conference of the Hanoi People’s Committee on September 28, it was reported that the average consumer price index in the capital in the first nine months was up by 3.5-3.55 percent over the same period last year.

The average CPI in 2017 is estimated to increase by 3.05-3.11 percent compared to 2016.

The city’s revenue for the first nine months of the year reached 146.4 trillion VND (6.5 billion USD), meeting 71.5 percent of the year’s targeted revenue.

It is estimated that the total city revenue for the entire year will reach over 207.6 trillion VND (9.2 billion USD).

The city aims for a GDP growth of 8.5 percent in 2017.-VNA

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