Vietnam Inflation


Inflation drops to lowest level in almost two years

In May, consumer prices rose 0.18% over the previous month, which was above the 0.06% increase recorded in April. The reading was driven by higher prices for clothing and footwear as well as for education. As a result of the subdued monthly increase, annual inflation dropped from 10.5% in April to 8.3% in May, which marked the lowest rate since August 2010. As a result, annual average inflation fell from 18.7% in April to 17.6% in May.

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Vietnam Inflation Chart

Vietnam Inflation May 2012

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

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