Vietnam: Inflation falls to 10-month low in June
June 29, 2017
In June, consumer prices fell 0.17% from the previous month, which marked a less steep decline than May’s 0.53% drop. According to the General Statistics Office of Vietnam, lower prices for foodstuffs and traffic drove the result.
Inflation came in at a 10-month low of 2.5% in June, down from May’s 3.2%. Average annual inflation remained at May’s level however, at 3.9%.
Core consumer prices, which exclude food items, energy products and commodities, increased 0.10% in June, edging up from 0.08% in the previous month. Meanwhile, core inflation stood unchanged at 1.3%.
Author: Nihad Ahmed, Economist