Hanoi CPI up 5.3% y/y in February thanks to Tet festival
The capital's Consumer Price Index (PCI) rose sharply on strong market demand in the run-up to Tet.
The capital's Consumer Price Index (PCI) rose sharply on strong market demand in the run-up to Tet.
For centuries, every year when Tet (the Lunar New Year Festival) arrives, various rituals have been held in every family, bringing a lively ambiance filled with tradition and culture in the beginning of the New Year all over the country.
The low sale volume was due to difficult economic conditions that forced customers to tighten spending.