In April, among the commodities with price hikes, the group of commodities such as housing, electricity, water, fuels, and construction materials recorded the largest price increase of 0.62%, contributing 0.12% to the overall CPI rise.

Within this category, apartment rental rose by 0.57% due to the fact that soaring real estate prices have forced landlords to raise rents.

This is a key reason that drove up the CPI in April, while the group of food and catering services inched up by 0.12%.

On the other hand, factors that helped ease the CPI in April include a 1.05% drop in transport costs, along with a 0.15% decline in postal and telecommunications prices.

Therefore, the average CPI increase in the first four months of the year is 3.2% from last year.

The National Statistics Office (NSO) also noted that core inflation in April soared by 0.21% over the previous month and by 3.14% over the same period last year. On average, core inflation from January to April grew by 3.05% over the same period last year, lower than the CPI average of 3.2%. 

In another development, the market saw 89,900 newly-established enterprises and firms return to operation during the four-month period, up 9.9% year on year.

The reviewed period also saw the entire country record 96,500 firms withdrawing from the market, up 12.2%.

Hanoi’s CPI up 2.89% in four months

Hanoi’s consumer price index (CPI) in the first four months of 2025 increased by 2.89% compared to the same period last year, according to the municipal Statistics Office.