Inflation in Vietnam

Vietnam Inflation (eop) | Economic News & Forecasts

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

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 Yield5.19-0.13 %Dec 11
Exchange Rate23,3020.01 %Dec 11
Stock Market9550.15 %Dec 11

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