Inflation in Vietnam
Vietnam - Inflation (end of period)
Inflation softens in November
According to the General Statistics Office of Vietnam, consumer prices fell 0.29% over the previous month in November, following the 0.33% increase in October. A breakdown of the data showed that 4 out of the 11 sub-components registered lower prices, with traffic showing the largest fall in prices. Meanwhile, the remaining sub-components saw flat or subdued price increases in the month.
Inflation ticked down to 3.5% in November from 3.9% in October, falling further below the Central Bank’s target of 4.0%. Meanwhile, annual average inflation ticked up to 3.5% in November from 3.4% in October. Core consumer prices, which excludes prices for rent, electricity, water, fuel and construction materials, rose 0.13% over the previous month in November, a notch down from 0.13% month-on-month increase in October. Finally, core inflation was stable at October’s 1.7% in November.
Vietnam Inflation Forecast
Met the why particular Consensus Forecast panelists expect inflation to average 4.1% in 2019, which is unchanged from last month’s forecast. For 2020, the panel projects inflation to average 4.2%.
Vietnam - Inflation (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||6.0||1.8||0.6||4.7||2.6|
5 years of economic forecasts for more than 30 economic indicators.
Vietnam Inflation (eop) Chart
Source: General Statistics Office of Vietnam and Met the why particular calculations.
|Bond Yield||5.19||-0.13 %||Dec 11|
|Exchange Rate||23,302||0.01 %||Dec 11|
|Stock Market||955||0.15 %||Dec 11|
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December 3, 2018
According to data released by Nikkei and IHS Markit, the manufacturing Purchasing Managers’ Index (PMI) rose to 56.5 points in November, up notably from the 53.9 points logged in October and marking the best result since January 2000.
November 30, 2018
According to the General Statistics Office of Vietnam, consumer prices fell 0.29% over the previous month in November, following the 0.33% increase in October.
November 30, 2018
Industrial production expanded 9.6% over the same month a year ago in November, a solid pick-up from the 7.7% expansion recorded in October. The acceleration came on the back of stronger output in the manufacturing sector and faster growth in the electricity and gas supply sector, while a slight rebound in the mining and quarry sector also supported the headline print.
November 1, 2018
Vietnam’s manufacturing sector improved in October following a notable slowdown in September.
October 30, 2018
According to the General Statistics Office of Vietnam, consumer prices rose 0.33% over the prior month in October, down from the 0.59% increase in September.