AsemconnectVietnam - According to Hanoi’s statistics office, the Consumer Price Index (CPI) of the city in the first 7 months of this year increased by 5.51% compared with the same period last year.

Meanwhile, according to the municipal Statistics Office of Ho Chi Minh city, the city’s average consumer price index (CPI) in Ho Chi Minh City in the first seven months of this year increased by 3.29%
Hanoi’s CPI of most groups of consumer goods saw increase in the first 7 months of 2024
In the first 7 months of this year, 10 among 11 groups of consumer goods and services saw price increase while postal and telecommunications services experienced a deccrease of 0.16%.
Especially, in the seven months, educational services increased by 30.58%; housing, electricity, water, fuel and building materials grew by 6.19%; food and catering services expanded by 3.28%, and medicine and medical services increased by 4.15%.
The city’s total revenue from the retail sales of goods and consumer services reached 475.3 trillion VND (18.84 billion USD), up by 10.3% over the same period last year.
The city’s revenue of the hotel and restaurant sector stood at 62.1 trillion VND, up by 10.5%, while that of tourism was 15.7 trillion VND, up 46.8%, and other services, 95.9 trillion VND, up by 6.5%.
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 by 2.9% over the previous month and 16.6% year-on-year.
In the first seven months, the city welcomed nearly 3.5 million visitors, a rise of 33.2% over the same period last year. The number of foreign visitors went up 43.4% year-on-year.
Ho Chi Minh City’s CPI in July and the first 7 months of 2024
According to the municipal Statistics Office of Ho Chi Minh city, the consumer price index (CPI) in Ho Chi Minh City in July rose by 0.23% from the previous month.
Out of 11 groups of products and services, seven experienced increases, with the most notable rise in the other goods and services category, meanwhile beverages and tobacco saw the strongest decline.
In the reviewed month, food and dining services increased by 0.11%, contributing 0.03 percentage point to the overall CPI.
The transport group increased by 1.60%, contributing 0.15 percentage point to the overall CPI, primarily due to a 3.81% rise in gasoline prices following three price adjustments in July.
Meanwhile, the group of housing, electricity, water, fuels and building materials decreased by 0.10%, mainly thanks to a 0.68% drop in water prices and a 1.39% decrease in electricity prices.
The items that experienced price declines include transport vehicles, which fell by 0.44% due to adjustments in car prices, and spare parts. Culture, entertainment, and tourism group saw a 0.06% reduction.
The average CPI in the first seven months of this year rose by 3.29%, with 10 out of the 11 categories seeing price increases. The highest rise was seen in the group of medicines and healthcare services, at 7.78%, followed by education with 7.48%.
Prices of gold in July dropped 5.38% compared to June but escalated 15.1% year on year.
The US dollar fell by 0.01% month-on-month and increased by 7.02% year-on-year against the Vietnamese dong.
CK
Source: VITIC/vietnamplus.vn