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Vietnam GDP April 2020

Vietnam: Inflation falls to lowest level since October in April

Consumer prices fell 1.54% from the previous month in April, below March’s 0.72% drop. Looking at the details of the release, food prices increased in April. In contrast, transport prices plummeted amid low oil prices. Meanwhile, education prices were largely stable.

Inflation fell to 2.9% in April, down from March’s 4.9%. April’s figure represented the lowest inflation rate since October 2019. Meanwhile, the trend was unchanged, with annual average inflation coming in at March’s 3.5% in April.

Looking ahead, our panelists see inflation remaining under control due to mild growth and low fuel prices.

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