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Hanoi - News

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Mar 4, 2024

Hanoi CPI up 5.3% y/y in February thanks to Tet festival

The Consumer Price Index (CPI) in Hanoi rose 5.28% year-on-year in February, attributed to strong market demand during the Tet festival. Prices in 10 out of 11 sectors increased month-on-month, with sales and online transactions also surging. Local producers had prepared to meet rising consumption during the festival, and after the festival, businesses ensured sufficient supply with promotions and discounts.

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