More than 1 month of salary increase, stable commodity prices

TPO - After more than 1 month of increasing the basic salary, in general, the prices of essential goods have not been pushed up too much, supermarkets have basically maintained stability, ensuring people's lives.

From July 1, implementing salary policy reform according to Resolution No. 27-NQ/TW of the 7th Central Conference (term XII), the average salary of cadres, civil servants and public employees will increase by about 30% (including basic salary and allowances).

After more than a month of salary adjustment, some essential goods have also increased but not significantly. A survey at some traditional markets in Hoan Kiem, Hai Ba Trung, and Dong Da districts shows that the prices of vegetables, pork, and beef have increased slightly by 5-10% compared to May and June.

Specifically, pork prices increased by about 10-20,000 VND/kg depending on the type. Of which, pork belly and shoulder are about 150,000 VND/kg, rump is 135,000 VND/kg... Similarly, beef prices also increased by about 250,000 VND/kg. Eggs in the markets increased by 300-500 VND/egg, chicken eggs cost about 27,000 VND/dozen, large eggs are 30,000 VND/dozen.

In contrast to traditional markets, supermarket chains such as Winmart, BRG Mart, Hapro... have relatively stable prices for essential goods. At the BRG Mart supermarket chain, pork shoulder is sold at 134,900 VND/kg, pork leg at 104,900 VND/kg...

For vegetables in Hanoi, the price is increasing sharply. In early August 2024, water spinach increased from 8,000-11,000 VND/bunch to 13,000-15,000 VND/bunch, lettuce increased from 20,000-25,000 VND/kg to 40,000 VND/kg... However, the price increase is due to some vegetable growing areas in Hanoi such as Chuong My, Thach That, Quoc Oai... being flooded, so the price increased for a while, not due to the impact of salary increase.

Speaking to Tien Phong reporter, a representative of the Haprofood/BRG Mart supermarket chain said that the unit's retail supermarket chain currently has 37 stores. After the July 1 salary increase, the chain of stores is stably supplying goods to the market, prices are stable, and people's consumption trends are still normal.

Meanwhile, a representative of Co.opmart Hanoi supermarket added that the company always actively coordinates with suppliers to implement promotional programs at 800 points of sale nationwide. Although the salaries of civil servants have increased, the supermarket still maintains stable prices to stimulate consumer demand.

Goods at Hanoi supermarket

Economist Vu Vinh Phu, former Chairman of the Hanoi Supermarket Association, said that the issue of rising wages and rising prices is a perennial issue. Raising wages is only meaningful if prices are kept relatively stable. Essential goods such as electricity, water, gasoline, food, and foodstuffs must have their prices controlled or regulated reasonably. This is an issue that many consumers are concerned about.

A representative of the Hanoi Department of Industry and Trade said that in order to stabilize market prices, the Hanoi People's Committee has issued a plan to stabilize essential goods in 2024, including: rice, pork, chicken, duck, seafood, poultry eggs, processed foods, vegetables, sugar, cooking oil, spices, and milk for children under 6 years old.

According to the Hanoi Statistics Office, the consumer price index (CPI) in July 2024 in Hanoi increased by 0.51% compared to the previous month and increased by 5.51% compared to the same period in 2023. The average CPI in the first 7 months of 2024 increased by 5.36% compared to the average in the same period in 2023.

In the first 7 months of 2024, 10/11 commodity groups had CPI increases compared to the same period last year. The housing, electricity, water, fuel and construction materials group increased by 6.19%. The food and catering services group increased by 3.28%. Medicines and medical services increased by 4.15%. Some consumer goods such as hats, shoes, and clothing increased by 1.9%.... In particular, the post and telecommunications group had a decrease of 1.38%.

Hieu Minh

Source: https://tienphong.vn/hon-1-thang-tang-luong-gia-ca-hang-hoa-on-dinh-post1661347.tpo