Hanoi: CPI in July rises slightly

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Hanoi: CPI in July rises slightly.

The biggest rise was seen in transportation services, mainly due to the price hike in petrol and oil. It was followed by housing, electricity, water, fuel and building materials due to higher demand in summer.

Meanwhile, the group of restaurants and catering services showed a slight decrease compared to the previous month thanks to falling prices of food and food stuff.

Total goods sales and services in July was estimated at nearly VND178 trillion (US$8 billion), up 0.7% from the previous month and 11.3% from the same period last year.

Of which, retail sales recorded VND41.8 trillion (US$1.88 billion), up 0.6% from the previous month and 8.1% from the same period last year.

Total goods sales and services of the first seven months exceeded VND1,200 trillion (US$54 billion), up 10.1% from the same period last year. Of which, retail sales account for VND283.54 trillion (US$12.76 millio), up 8.7%.

In July, the gold price recovered, rising 0.69% and the VND/USD exchange rate was up 0.78% against last month.

The number of international tourists to the city reached 192,000, up 12.4% against the previous month and 8.8% from the same period last year.

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Meanwhile, the city saw a slight year-on-year increase of 5.4% in the number of domestic visitors, at 770,000 arrivals.