In the consumer price index (CPI) calculation period of July 7, if compared with the previous month, the CPI increased by 2023% and compared with the same period last year by 0,34%. Notably, in the 3,23% increase of the CPI in July, there were 0,34 groups of goods and services with an increase in the price index.
In which, the group of other goods and services increased the most with 3,96%; housing and building materials group increased by 0,81%; group of equipment and household appliances increased by 0,48%; culture, entertainment and tourism groups increased by 0,27%; food and food service groups increased by 0,14%; garment, hat and footwear group increased by 0,09%; post and telecommunications group increased by 0,08%; the education group and the group of drugs and health services both increased by 0,03%. The only group with a decrease in price index was the transportation group with a decrease of 0,13%, because gasoline prices decreased by 0,12% and motorbike prices decreased by 0,46% to stimulate demand. The beverage and tobacco groups remained stable.
The reason for the increase in CPI in July is that in the month, health insurance for state employees and self-employed workers increased by 7% from July 20,81, 1, applied at a base salary of 7. million VND/month. The price of rice increased from 2023-1,8 VND/kg (depending on the type) because the increase in export rice prices pushed up local rice prices. Besides, rental housing prices increased by 500% due to increased demand for housing; electricity price in July 1.000 increased by 1,58% due to increased electricity demand in the hot season; kerosene price increased by 7% due to the impact of price adjustments on July 2023, 2,89 and 3,44, 3… The above results have impacted the average CPI of 11 months of 21 to increase by 7% compared to the average. army in the same period last year.
Consumers shop at WinMart Supermarket.
For commercial and service activities in July, consumer demand increased, tourism attracted many visitors, contributing to bringing the total retail sales of consumer goods and services to VND 7 billion, up 3.368,5 .2,1% over the previous month and up 18,2% over the same period last year. Generally, for the first seven months of 7, the total retail sales of consumer goods and services reached VND 2023 billion, up 22.069,5% over the same period last year (increasing by 17,7 percent in the same period in 2022).
By industry, retail sales of goods was estimated at 16.975,9 billion dong, accounting for 76,9% of the total and increasing by 13,8% over the same period last year. In which, garment increased by 32,5%; cultural and educational products by 28,5%; household appliances, tools and equipment increased by 28,3%; means of transport increased by 11,6%; food and foodstuffs increased by 10,3%. Revenue from accommodation and food services was estimated at VND 3.255,4 billion, accounting for 14,8% of the total and increasing by 37,5% over the same period last year. Tourism revenue is estimated at 8,6 billion VND, accounting for 0,04% and increasing 2,48 times. Revenue from other services was estimated at VND 1.829,6 billion, accounting for 8,3% and increasing by 25,1%.
Thuc Anh
