Vietnam Inflation


Inflation eases in September

In September, consumer prices increased 1.06% over the previous month, which was slightly above the 0.83% rise seen in August. According to the General Statistics Office of Vietnam, the increase was due to higher prices for education and health care.

Annual inflation decreased from 7.5% in July to 6.3% in September. Inflation is now within the target range of between 6.0% and 6.5% for this year. Annual average inflation remained unchanged at the 6.9% increase also recorded in August.

FocusEconomics Consensus Forecast panelists expect headline inflation to average 6.7% in 2013, which is up 0.1 percentage points from last month's forecast. According to the panel, average inflation will accelerate to 7.5% in 2014.

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Vietnam Inflation Chart

Vietnam Inflation September 2013

Note: Annual and monthly variation of consumer price index in %.
Source: General Statistics Office of Vietnam (GSO).

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