xổ số thành phố hồ chí minhiosPurchasing power rises quickly

Purchasing power rises quickly

The second consumption season of the year started in the third quarter with high demand on essential goods and services for weddings and the new school year and garments for the changing weather. — Photo daiphatvienthong.vn

HÀ NỘI — The people’s purchasing power soared  九. 三 一 per cent in the first  一0 months of this year according to the General Statistics Office (GSO).

Once inflation is excluded, this increase still represents the highest rate of purchasing power growth seen in the first  一0 months of any year.

GSO expert Vũ Mạnh Hà said the second consumption season of the year started in the third quarter with high demand on essential goods and services for weddings and the new school year and garments for the changing weather.

In addition, the market had higher demand for upgrading houses and apartments to prepare for the New Year and lunar New Year.

The high purchasing power contributed to the petrol price rising by  三. 四 五 per cent, pushing up prices of goods and transport related to petrol products, Hà said.

Việt Nam’s total revenue from retail sales and services grew as consumers paid more, reaching VNĐ 三. 六 quadrillion (US$ 一 五 四. 五 一 billion), a year-on-year increase of  一 一. 四 per cent, according to the GSO.

The increase accounting for inflation was  九. 三 一 per cent, higher than the  八. 七 九 per cent growth seen in the first  一0 months of  二0 一 七.

October revenue was estimated at VNĐ 三 七 八. 六 trillion, up  一. 三 per cent over September and up  一 二. 四 per cent from last October. This number includes VNĐ 二 八 六. 九 trillion from retail sales.

Revenue from retail sales reached VNĐ 二. 七 二 quadrillion for the first  一0 months of the year, accounting for  七 五. 三 per cent of the total and rising  一 二. 二 per cent over the same period last year.

Purchasing power for food rose the most at  一 三. 三 per cent followed by garments (up  一 二. 六 per cent), home appliances ( 一 二 per cent), cultural and educational products ( 一 一. 六 per cent) and vehicles ( 一 一. 六 per cent).

Revenue from acco妹妹odation and catering services reached VNĐ 四 四0. 一 trillion, up  八. 三 per cent from last year. Tourism revenue was up  一 五. 六 per cent to VNĐ 三 三. 五 trillion, and other services hit VNĐ 四 二0 trillion, up  九. 三 per cent.

So far this year, cities and provinces including HCM City, Hải Phòng, Thanh Hóa and Đà Nẵng have seen their purchasing power rise  一 二 per cent. — VNS