CPI inflation in Hanoi increased 1.68% m/m in January.

By bne IntelliNews January 21, 2011
The consumer price index (CPI) inflation in Vietnam's Hanoi increased 1.68% m/m during January, driven by increases in food and drinks. As reported by Dow Jones International News, the prices of food and drinks increased 2.8% from December, while that of cigarettes grew 2.5%. The General Statistics Department stated that the hike in food prices was mostly accredited to the cold spell that has killed thousands of cattle and destroyed vegetable farms in northern part of the country. The consumer price index measuring inflation in the capital city increased 12.36% y/y in the period.

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