Inflation in Vietnam

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 |
Vietnam Inflation Chart

Source: General Statistics Office of Vietnam and FocusEconomics calculations.
Vietnam Facts
Value | Change | Date | |
---|---|---|---|
Bond Yield | 3.38 | -0.13 % | Dec 31 |
Exchange Rate | 23,173 | 0.01 % | Jan 01 |
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Economic News
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Vietnam: Inflation moderates in July
July 29, 2022
Consumer prices rose 0.40% from the previous month in July, a smaller increase than the 0.69% rise logged in June.
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Vietnam: Industrial output notches quickest growth since April 2021 in July
July 29, 2022
Industrial output expanded 22.6% compared to the same month of the previous year in July, which was above June's 20.3% increase.
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Vietnam: Inflation comes in at highest level since July 2020 in June
June 29, 2022
Consumer prices increased 0.69% in June over the previous month, picking up from the 0.38% rise logged in May.
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Vietnam: Industrial output expands at fastest pace since January 2021 in June
June 29, 2022
Industrial output rose 22.8% year on year in June (May: +20.0% yoy).
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Vietnam: Economy records best result in series in Q2
June 29, 2022
GDP growth gained momentum to 7.7% year on year in the second quarter, from 5.0% in the first.