Hanoi: CPI in July rises slightly

The consumer price index (CPI) in Hanoi continued to go up in July, the seventh consecutive month of growth, the municipal Statistics Office (GSO) reported.

The biggest rise was seen in transportation services, mainly due to the price hike in petrol and oil. It was followed by housing, electricity, water, fuel and building materials due to higher demand in summer.

Meanwhile, the group of restaurants and catering services showed a slight decrease compared to the previous month thanks to falling prices of food and food stuff.

Total goods sales and services in July was estimated at nearly 178 trillion VND (8 billion USD), up 0.7 percent from the previous month and 11.3 percent from the same period last year.

Of which, retail sales recorded 41.8 trillion VND (1.88 billion USD), up 0.6 percent from the previous month and 8.1 percent from the same period last year.

Total goods sales and services of the first seven months exceeded 1,200 trillion VND (54 billion USD), up 10.1 percent from the same period last year. Of which, retail sales account for 283.54 trillion VND (12.76 million USD), up 8.7 percent.

In July, the gold price recovered, rising 0.69 percent and the VND/USD exchange rate was up 0.78 percent against last month.

The number of international tourists to the city reached 192,000, up 12.4 percent against the previous month and 8.8 percent from the same period last year.

Meanwhile, the city saw a slight year-on-year increase of 5.4 percent in the number of domestic visitors, at 770,000 arrivals.

VNS

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