Hanoi's CPI grows 1.52 per cent in five months
Hanoi’s consumer price index (CPI) rose by 1.52 per cent in the first five months of 2023 compared with the same period last year, according to the Hanoi Statistics Office.
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Among the 11 commodity groups, three saw price decreases, namely education (4.11 per cent), transportation (2.03 per cent), and post and communications (0.35 per cent).
The other eight groups saw price increases, namely culture, entertainment, and tourism (5.26 per cent); restaurants and food services (4.34 per cent); drinks and tobacco (3.53 per cent); garment, headwear, footwear (1.82 per cent); household applications (1.41 per cent); housing, electricity, water, fuel, and construction materials (0.47 per cent); medicines and healthcare services (0.36 per cent); and other goods and services (3 per cent).
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| In May alone, Hanoi’s CPI increases 0.16% from the previous month and 0.36% year-on-year. (Photo: VNA) |
Gold prices increased by 0.78 per cent, while USD prices increased by 3.2 per cent compared to the same period last year.
The export turnover in the first five months of the year was estimated at 6.8 billion USD, down 0.3 per cent from the same period last year. Some commodity groups saw a decrease in export turnover including computers, electronic goods, and components (0.4 per cent), textile and garment products (20.6 per cent); wood and wood products (15.3 per cent); and footwear and leather products (5.5 per cent).
Some groups posted export turnover increases including machinery, equipment, and spare parts (5.8 per cent); means of transport and spare parts (23.7 per cent); fuel (2.4 per cent); and agricultural products (22 per cent). The export of phones and components reached 98 million USD, 2.2 times higher than the same period last year.
The city’s import turnover in the first five months was estimated at 14.5 billion USD, down 14 per cent from the same period last year, while the domestic economic sector imported 11.8 billion USD worth of goods, down 13.7 per cent, and the foreign-invested sector imported 2.7 billion USD worth of goods, down 15 per cent.
Groups of goods with great import value include machinery, equipment, and spare parts (2.374 trillion USD, down 2 per cent); fuel (over 2 trillion USD, down 13.8 per cent); computers, electronic goods, and components (915 million USD, down 28.6 per cent); means of transport and spare parts (827 million USD, down 15 per cent); iron and steel (674 million USD, down 20.4 per cent); plastics (455 million USD, down 29.8 per cent); metal (400 million USD, down 18.9 per cent); and other goods (nearly 4.9 trillion, down 7.3 per cent).
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| Hanoi's CPI grows 1.52 per cent in five months. |
In May alone, the city’s CPI increased 0.16 per cent from the previous month, and 0.36 per cent year-on-year.
Eight out of the 11 commodity groups posted increased prices in May including housing, electricity, water, fuel, and construction materials.
Meanwhile, prices of transport services decreased by 2.81 per cent due to fuel prices being revised down on May 5 and May 11.
Prices of post and communications groups decreased by 0.38 per cent and restaurants and food services were down by 0.1 per cent mostly due to falling prices of poultry, aquacultural products, seafood, and vegetables.
(Source: VNA)
