Rising consumer demand drives up Vietnam's CPI before Lunar New Year festival

A woman looks at lanterns at the traditional Lunar New Year "Tet" market in the old quarter of Hanoi, Vietnam, Friday, Jan. 28, 2022. - AP

HANOI, Jan. 29 (Xinhua): Vietnam's consumer price index (CPI), a main gauge of inflation, rose 1.94 per cent year-on-year in January, the country's General Statistics Office announced on Saturday.

Compared to the previous month, the index was up 0.19 per cent, with the most significant hikes seen in such items as transportation, beverage and cigarettes, and garments, hats and shoes.