Hanoi’s consumer price index up 5.51 pc in seven months

August 02, 2024 | 10:05

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Hanoi’s Consumer Price Index (CPI) in the January – July period rose 5.51 per cent from the same time last year, according to the city’s statistics office.

Hanoi’s consumer price index up 5.51% in seven months

Hanoi’s consumer price index increases by 5.51 per cent in the first seven months of this year. (Photo: VNA)

Hanoi – Hanoi’s Consumer Price Index (CPI) in the January – July period rose 5.51 per cent from the same time last year, according to the city’s statistics office.

During the period, among the 11 main groups of consumer goods and services, 10 saw price hikes while postal and telecommunications services experienced a decline of 0.16 per cent.

Notably, in the seven months, educational services increased by 30.58 per cent; housing, electricity, water, fuel and building materials grew by 6.19 per cent; food and catering services expanded by 3.28 per cent, and medicine and medical services increased by 4.15 per cent.

The total revenue from the retail sales of goods and consumer services reached 475.3 trillion VND (18.84 billion USD), up 10.3 per cent over the same period last year.

The revenue of the hotel and restaurant sector stood at 62.1 trillion VND, up 10.5 per cent, while that of tourism was 15.7 trillion VND, up 46.8 per cent, and other services, 95.9 trillion VND, up 6.5 per cent.

Tourism activities remained a major source of revenue for many service sectors and the local budget. In July, Hanoi attracted about 468,000 visitors, up 2.9 per cent over the previous month and 16.6 per cent year-on-year.

In the first seven months, the city welcomed nearly 3.5 million visitors, a rise of 33.2 per cent over the same period last year. Particularly, the number of foreign visitors went up 43.4 per cent year-on-year.

Hanoi welcomes 9,400 new firms in four months

The capital city of Hanoi witnessed 9,400 enterprises enter the market with the total registered capital of 97.6 trillion VND (3.84 billion USD) during January-April, falling 6 per cent in the number of firms and rising 9 per cent in capital as compared to the same time last year, according to the municipal Statistics Office.

GDP growth reaches 6.42 pc in first half

Vietnam's economy grew by 6.42 pc in the first six months of 2024, slightly lower than the figure of 6.58 pc in the same time of 2022 within the 2020-2024 period.

By VNA

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