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Hanoi's CPI grows 1.52% in five months

Hanoi’s consumer price index (CPI) rose by 1.52% in the first five months of 2023 compared with the same period last year, according to the Hanoi Statistics Office.
Hanoi's CPI grows 1.52% in five months ảnh 1In May alone, Hanoi’s CPI increases 0.16% from the previous month and 0.36% year-on-year. (Photo: VNA)

Hanoi (VNA)🔯 – Hanoi’s consumer price index (CPI) rose by 1.52% in the first five monthsof 2023 compared with the same period last year, according to the HanoiStatistics Office.

Among the 11 commodity groups, three saw pricedecreases, namely education (4.11%), transportation (2.03%), and post andcommunications (0.35%). The other eight groups saw price increases, namely culture, entertainment, and tourism (5.26%); restaurants and food services(4.34%); drinks and tobacco (3.53%); garment, headwear, footwear (1.82%); householdapplications (1.41%); housing, electricity, water, fuel, and constructionmaterials (0.47%); medicines and healthcare services (0.36%); and other goods andservices (3%).
Hanoi's CPI grows 1.52% in five months ảnh 2Illustrative photo
Gold prices increased by 0.78%, while USD pricesincreased by 3.2% compared to the same period last year. The export turnover in the first five months of the yearwas estimated at 6.8 billion USD, down 0.3% from the same period last year.Some commodity groups saw a decrease in export turnover including computers,electronic goods, and components (0.4%), textile and garment products(20.6%); wood and wood products (15.3%); and footwear and leatherproducts (5.5%). Some groups posted export turnover increase includingmachinery, equipment, and spare parts (5.8%); means of transport and spareparts (23.7%); fuel (2.4%); and agricultural products (22%). The export of phones and components reached 98 million USD, 2.2 times higher than the sameperiod last year. The city’s import turnover in the first five months wasestimated at 14.5 billion USD, down 14% from the same period last year, ofthat the domestic economic sector imported 11.8 billion USD worth of goods,down 13.7%, and the foreign-invested sector imported 2.7 billion USD worth ofgoods, down 15%.

Groups of goods with great import value include machinery, equipment, and spare parts (2.374 trillion USD, down 2%); fuel (over2 trillion USD, down 13.8%); computers, electronic goods, and components (915million USD, down 28.6%); means of transport and spare parts (827 million USD,down 15.4%); iron and steel (674 million USD, down 20.4%); plastics (455million USD, down 29.8%); metal (400 million USD, down 18.9%); and other goods(nearly 4.9 trillion, down 7.3%).

In May alone, the city’s CPI increased 0.16% from the previous month, and0.36% year-on-year.

🍬 Eight out of the 11 commodity groups postedincreased prices in May including housing, electricity, water, fuel, andconstruction materials.

Meanwhile, prices of transport services decreased by2.81% due to fuel prices being revised down on May 5 and May 11. Prices of post and communications group decreasedby 0.38% and restaurants and food services down 0.1% mostly due to fallingprices of poultry, aquacultural products, seafood, and vegetables./.
VNA

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