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Vietnam Today

June CPI rises in Hanoi & HCMC

Released at: 11:23, 23/06/2015

June CPI rises in Hanoi & HCMC

Capital also sees highest economic growth since 2012.

by Linh San

The consumer price index (CPI) in both Hanoi and Ho Chi Minh City rose in June, according to the General Statistics Office in the two cities.

Hanoi’s CPI grew 0.13 per cent over May and 0.98 per cent against June last year, primarily due to higher petrol prices.

Prices fell in food and restaurants (0.43 per cent), thanks to an abundant supply of food and farm produce.

Slight increases were seen in garments, footwear and hats (0.14 per cent), housing, electricity, water, fuel, and building materials (0.06 per cent), home appliances (0.1 per cent), beverages and tobacco (0.49 per cent), medicine and healthcare services (0.05 per cent), culture, entertainment, and tourism (0.17 per cent), and other commodities (0.1 per cent).

Prices in the posts-communications and education sectors remained unchanged.

The capital also posted its strongest economic growth since 2012 during the first six months of the year, with gross regional domestic product (GRDP) increasing 7.8 per cent, mostly from significant contributions by the industrial production and the construction and service sectors.

Industrial production has posted many signs of recovery this year, the city’s GSO said, adding that it was expected to maintain its stable growth over the remainder of the year.

Ho Chi Minh City’s GSO, meanwhile, reported CPI growth of 0.62 per cent in June against May and a year-on-year increase of 0.78 per cent.

The growth was attributed to the impact of strong increases in the transport and pharmaceutical-healthcare sectors, in which transport rose 3.94 per cent against May due to petrol price adjustments.

  • TAGS
  • CPI
  • June
  • Hanoi
  • HCMC

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