Inflation in Vietnam
Vietnam - Inflation
Inflation dips sharply in June
According to the General Statistics Office of Vietnam, consumer prices fell 0.09% in June over the prior month, contrasting May’s 0.49% increase. June’s fall was driven by lower prices for transport, communication and housing.
Inflation declined from 2.9% in May to 2.2% in June, remaining in line with the Central Bank’s target of below 4.0% inflation. Meanwhile, core inflation ticked up from 1.9% to 2.0%.
FocusEconomics Consensus Forecast panelists expect inflation to average 3.2% in 2019 and 3.8% in 2020.
Vietnam - Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | 6.6 | 4.1 | 0.6 | 2.7 | 3.5 |
Vietnam Inflation Chart
Source: General Statistics Office of Vietnam and FocusEconomics calculations.
Vietnam Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 4.54 | -0.13 % | Jul 11 |
| Exchange Rate | 23,203 | 0.01 % | Jul 11 |
| Stock Market | 979 | 0.15 % | Jul 11 |
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Economic News
Vietnam: Manufacturing PMI ticks up in June
July 1, 2019
According to data released by Nikkei and IHS Markit, the manufacturing Purchasing Managers’ Index (PMI) rose from 52.0 in May to 52.5 in June.
Vietnam: Inflation dips sharply in June
June 28, 2019
According to the General Statistics Office of Vietnam, consumer prices fell 0.09% in June over the prior month, contrasting May’s 0.49% increase.
Vietnam: Industrial production growth dips in June but remains healthy
June 28, 2019
Industrial production rose 9.6% in annual terms in June, down from May’s 10.0% increase.
Vietnam: Momentum ebbs slightly in Q2 but stays solid
June 28, 2019
Economic growth eased to 6.7% in the second quarter from 6.8% in Q1, according to recent data released by Vietnam’s Statistical Institute.
Vietnam: Manufacturing PMI dips in May
June 3, 2019
According to data released by Nikkei and IHS Markit, the manufacturing Purchasing Managers’ Index (PMI) dipped from 52.5 in April to 52.0 in May.
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