Monday, June 18,2018 - 8:28 GMT+7  Việt Nam EngLish 

Vietnam’s producer price indexes in the first Quarter of 2018 

 Monday, April 30,2018

AsemconnectVietnam - Vietnam's PPI for materials, fuels used for production in the first Quarter of 2018 increased by 2.11% compared with the fourth Quarter of 2017 and climbed by 4.09% over the same period last year reported the General Statistics Office (GSO).

PPI for agriculture, forestry and fishery in the first Quarter of 2018 went up by 1.18% and down by 2.59% ; PPI for industry grew by 0.79% and 2.64%. PPI for services in the first Quarter of 2018 moved up by 1.04% against the fourth Quarter of 2017 and by 2.92% from the same period last year.

Merchandize export price index in the first Quarter of 2018 increased by 0.46% over the the fourth Quarter of 2017 and decreased by 0.05% compared with the same period last year; Merchandize import price index in the first Quarter jumped up by 0.38% and 0.76% respectively. Merchandize term of trade[12] in the first Quarter of this year grew by 0.07% against the fourth Quarter of 2017 and fell by 0.8% from the similar period in 2017.

The labor force aged 15 years and above nationwide as of April 01, 2018 was estimated to be 55.1 million persons, expanding 586.8 thousand persons in comparison with that in the same period in 2017, in which male employees were 28.6 million ones, accounting for 52%; female employees were 26.5 million ones, accounting for 48%.

The labor force aged 15 years and above in urban areas was 17.7 million persons, making up 32.2%; the labor force aged 15 years and above in rural areas was 37.4 million persons, taking 67.8%. As of above time, labor force within working age was estimated at 48.4 million persons, an increase of 497.3 thousand persons compared with that in the similar period last year, of which male employees were 26.2 million ones, accounting for 54.2%; female employees were 22.2 million ones, accounting for 45.8%. The labor force within working age in urban areas was 16.1 million persons, holding 33.3%; the labor force within working age in rural areas was 32.3 million persons, representing 66.7%.

The labor force aged 15 years and above working in economic activities in the first Quarter of 2018 was estimated at 54 million persons, including 20.9 million ones working in the agriculture, forestry and fishery sector, accounting for 38.6%; 14.4 million ones working in the industry and construction sector, taking 26.7%; 18.7 million ones working in the service sector, accounting for 34.7%.

The unemployment rate of labor force within working age in the first Quarter of 2018 was 2.2%, of which this rate of urban and rural areas were 3.13% and 1.73%, respectively. The unemployment rate of the youth aged 15-24 in the first Quarter of 2018 was estimated at 7.25%, of which this rate of urban and rural areas were 11.47% and 5.63%, respectively.

The underemployment rate of working-age laborers in the first Quarter of this year was estimated to be 1.48%, in which it was 0.55% for the urban area; 1.94% for the rural area. Proportion of employed persons having informal employment outside agriculture, forestry and fishery households[14] in the first Quarter of 2018 was estimated to be 56.8%, of which 48.3% was in the urban area; 63.8% was in the rural area.

Source: General Statistics Office


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