Vietnam: Inflation cools to six-month low in April
April 29, 2017
Consumer prices in Vietnam were unchanged from the previous month in April (March: +0.21% month-on-month). According to the General Statistics Office of Vietnam, higher prices for healthcare were offset by lower prices for food, traffic and housing.
Inflation came in at 4.3% in April, a six-month low and notably lower than March’s 4.7%. However, annual average inflation was 3.8% in April, the highest number recorded in over two years (March: 3.6%).
Core consumer prices, which exclude food items, energy products and commodities, inched up 0.09% on a month-on-month basis in April, after recording no change in March. Core inflation came in at 1.5% in April, a notch below the 1.6% seen in March.