Saturday, 18 Nov 2017

Hanoi’s CPI in June keeps dropping

Updated at Saturday, 01 Jul 2017, 21:27
The Hanoitimes - Hanoi Statistics Office announced that Hanoi’s consumer price index (CPI) in June continued its drop trend, but did not give specific figures.

The office attributed the fall to reduction in prices of food and foodstuff, including rice, pork and poultry meat. The city’s total goods and services turnover in June reached 187.49 trillion VND (8.24 billion USD), up 0.8 percent over the previous month and 6.1 percent year on year. Of which, total retail revenue was 44.15 trillion VND (194 million USD), up 1.1 percent month-on-month and 6.2 percent year-on-year.

In the first six months of this year, the city’s earnings from goods and services was estimated at over 1.1 quadrillion VND (48.3 billion USD), a rise of 7.2 percent over the same period last year, including 259 trillion VND (10 billion USD) from retail.

During the period, total revenue of the state-owned sector was 323 trillion VND (14.2 billion VND), a year-on-year increase of 8.9 percent, while that of the private sector was 730 trillion VND (32.1 billion VNA), up 6.5 percent, and of the foreign-invested sector was 53 trillion VND (2.3 billion VND), a rise of 7.6 percent. Trade sector earned 767 trillion VND in revenue, up 7.3 percent year-on-year. It was followed by restaurant and hotel business with 25 trillion VND, tourism with 5 trillion VND and services 309 trillion VND.

In June, Hanoi’s exports fetched 1.06 billion USD, a drop of 2.7 percent over the previous month and 11.5 percent compared to the same time last year. Meanwhile, the city’s imports were estimated at 2.56 billion USD, up 20.2 percent year on year.

In January-June period, Hanoi’s exports approximated 5.9 billion USD, while its imports exceeded 14.2 billion USD. Foreign tourists to the capital during the period were estimated at 235,000, down 7.8 percent over the previous month but up 37.4 percent over the same period last year. At the same time, domestic tourists to the city numbered 818,000.
Anh Kiet
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