In June, consumer prices fell 0.26% over the previous month, which contrasted the 0.18% increase recorded in May and marked the lowest result since December 2008. The reading was driven by lower prices for transport and housing. As a result of the monthly drop, annual inflation plunged from 8.3% in May to 6.9% in June, which marked the lowest rate since December 2009. Annual average inflation fell from 17.6% in May to 16.4% in June.
Inflation drops to lowest level in more than two years
June 25, 2012
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Vietnam Inflation Chart
Note: Annual and monthly variation of consumer price index in %.
Source: General Statistics Office of Vietnam (GSO).
Vietnam Economic News
October 3, 2016
The Nikkei manufacturing Purchasing Managers’ Index (PMI) increased from August’s 52.2 to 52.9 in September and reached a 16-month high.
October 3, 2016
In Q3 2016, GDP expanded 6.4% over the same period of the previous year, according to data released by the General Statistics Office (GSO) of Vietnam.
September 29, 2016
In September, industrial output rose 7.6% over the same month last year, which was above the 7.3% rise recorded in August.
September 1, 2016
The Nikkei manufacturing Purchasing Managers’ Index (PMI) climbed up from July’s 51.9 to 52.2 in August, reflecting a modest improvement in the operating conditions in the manufacturing sector.
August 29, 2016
In August, industrial output rose 7.3% over the same month last year, which was just a notch above the 7.2% rise recorded in July.