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

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

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

Hanoi (VNA) – Hanoi’s Consumer Price Index (CPI) in the January – July period rose 5.51% 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%.

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

The revenue of the hotel and restaurant sector stood at 62.1 trillion VND, up 10.5%, while that of tourism was 15.7 trillion VND, up 46.8%, and other services, 95.9 trillion VND, up 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 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. Particularly, the number of foreign visitors went up 43.4% year-on-year./.

VNA

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