Inflation in Vietnam

Vietnam Inflation | Economic News & Forecasts

Vietnam - Inflation

Inflation moderates in July

Consumer prices rose 0.40% from the previous month in July, a smaller increase than the 0.69% rise logged in June. Looking at the details of the release, prices for food rose at a faster pace in July, although prices for transportation dropped after growing in the previous month. Meanwhile, education prices were largely stable.

Inflation came in at 3.1% in July, down from June’s 3.4%. Meanwhile, the trend pointed up slightly, with annual average inflation coming in at 2.4% in July (June: 2.3%).

FocusEconomics Consensus Forecast panelists expect inflation to average 3.7% in 2022, which is unchanged from last month’s forecast, and 3.8% in 2023.

Vietnam - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)0.6  2.7  3.5  3.6  2.8  

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Vietnam Inflation Chart


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

Vietnam Facts

Value Change Date
Bond Yield3.38-0.13 %Dec 31
Exchange Rate23,1730.01 %Jan 01

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