Inflation in Vietnam

Vietnam Inflation (eop) | Economic News & Forecasts

Vietnam - Inflation (end of period)

Inflation remains at Central Bank target in September

According to the General Statistics Office of Vietnam, consumer prices increased 0.59% over the previous month in September, following a 0.45% month-on-month rise in August. A breakdown of the data showed that 11 out of the 11 sub-components registered higher prices, education showing the biggest rise in prices. Meanwhile, the remaining sub-component, postal services and telecommunications, saw a decline in prices from the previous month.

Inflation remained at the Central Bank’s target of 4.0% in September, matching August’s print. Annual average inflation inched up to 3.4% in September, up from 3.3% in August. Core consumer prices, which excludes prices for rent, electricity, water, fuel and construction materials, rose 0.14% over the previous month in September, following a 0.22% month-on-month upturn in August. Core inflation inched up to 1.6% in September, from 1.5% in August.

The Central Bank projects inflation remaining below 4.0% in 2018. Met the why particular Consensus Forecast panelists expect inflation to average 3.7% in 2018, which is down 0.2 percentage points from last month’s forecast. For 2019, the panel projects inflation to average 4.1%, which is down 0.1 percentage points from last month.

Vietnam - Inflation (eop) Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %, eop)6.0  1.8  0.6  4.7  2.6  

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Vietnam Inflation (eop) Chart

Vietnam Inflation
Note: Annual average variation of consumer price index (CPI) in %.
Source: General Statistics Office of Vietnam and Met the why particular calculations.

Vietnam Facts

Bond Yield5.07-0.13 %Oct 12
Exchange Rate23,3460.01 %Oct 12
Stock Market9700.15 %Oct 12

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