A woman chooses egg products at a supermarket in HCMC. The country’s CPI growth in the first five months of the year was the lowest in the last five years - PHOTO: VNA
HCMC – The country’s consumer price index (CPI) in the first five months of the year grew 1.29% year-on-year, the lowest for the period since 2016, according to the General Statistics Office.
In May alone, the CPI inched up 0.16% over the previous month and 2.9% against the same period last year, also the lowest for the month over the past five years.
In the January-May period, the core inflation, which excludes the prices of fresh food, energy and State-controlled healthcare and education services, edged up 0.82% versus the year-ago period.
The core inflation growth was lower than the CPI growth, proving that the CPI growth was mainly caused by an increase in the prices of fuels and gas.
The statistics on the country’s socioeconomic performance in May and the January-May period of this year released by the General Statistics Office:
TOTAL RETAIL SALES OF GOODS AND SERVICES IN THE FIRST FIVE MONTHS OF 2021
Retail sales of goods: VND1,670.3 trillion, up 7.8%
Lodging, catering: VND196.9 trillion, up 4.6%
Traveling: VND4.3 trillion, down 48.2%
Other services: VND214.6 trillion, up 10.9%
Total: VND2,086.1 trillion, up 7.6%
IMPORTS-EXPORTS IN THE FIRST FIVE MONTHS OF 2021
Exports: US$130.94 billion, up 30.7%
Imports: US$131.31 billion, up 36.4%
TRADE DEFICIT: US$369 million
PRICE INDEX
100.16% in May 2021 against previous month
102.9% in May 2021 over May 2020
101.29%: Average in Jan-May 2021 over Jan-May 2020
119.24%: Average gold price index growth in Jan-May 2021 over the year-ago period
99.15%: Average U.S. dollar price index growth in Jan-May 2021 over the year-ago period
INDUSTRIAL PRODUCTION IN JAN-MAY 2021
The rising/falling rate of the index of industrial production over year-ago period
Mining: down 7.0%
Processing, manufacturing: up 12.6%
Electricity production and distribution: up 8.3%
Water supply, waste and wastewater management and treatment: up 7.5%
The whole industry sector: up 9.9%
Increasing/falling rate of some key industrial products
Phone accessories: up 36.4%
Mobile phones: up 22.2%
Footwear: up 12.6%
Electricity for production: up 8.5%
Pure coal: down 3.7%
Crude oil: down 9.5%
BUSINESS REGISTRATION IN JAN-MAY 2021
Newly-established enterprises: 55,767
Enterprises resuming operations: 22,564
Dissolved enterprises: 8,023
Enterprises with temporary suspension: 31,818