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inflation holds steady despite tet demandHanoi, Feb. 26 (VNA) -- The consumer price index (CPI) in February rose by only 1.32 per cent against the previous month, lower than expected thanks to abundant supplies of essential commodities, the General Statistics Office (GSO) reported.Compared with the same period last year, CPI was up 7.02 per cent, the office said.Director of the GSO's Price Department Nguyen Duc Thang said that a sufficient supply of essential commodities, especially in big cities, during the week-long Lunar New Year holiday in February halted the increasing price trend that usually occurred during the holidays.Monthly CPI often increases by more than 2 per cent at Tet.In addition, price stabilisation programmes also helped to cool prices. …
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