Inflation in Vietnam
Vietnam - Inflation
Inflation stays muted in August
According to the General Statistics Office of Vietnam, consumer prices rose 0.28% in August over the prior month, up from July’s 0.18% increase. August’s reading was driven by higher prices for health and education.
Inflation ticked down from 2.4% in July to 2.3% in August, remaining in line with the Central Bank’s target of below 4.0% inflation. Core inflation was stable at 2.0%. Moderate inflation so far this year can largely be attributed to muted oil and food prices.
Looking ahead, inflation is seen rising somewhat from its current level on strong domestic demand, but should stay on target nonetheless.
FocusEconomics Consensus Forecast panelists expect inflation to average 2.9% in 2019 and 3.6% 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 | 4.14 | -0.13 % | Sep 04 |
| Exchange Rate | 23,200 | 0.01 % | Sep 04 |
| Stock Market | 978 | 0.15 % | Sep 04 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
Vietnam: Manufacturing PMI falls in August
September 3, 2019
According to data released by IHS Markit, the manufacturing Purchasing Managers’ Index (PMI) fell from 52.6 in July to 51.4 in August.
Vietnam: Inflation stays muted in August
August 29, 2019
According to the General Statistics Office of Vietnam, consumer prices rose 0.28% in August over the prior month, up from July’s 0.18% increase.
Vietnam: Industrial production growth accelerates in August
August 29, 2019
Industrial production rose 10.5% in August, up from July’s revised 9.8% increase (previously reported: +9.7% year-on-year).
Vietnam: Manufacturing PMI ticks up in July, continues to signal robust growth in the sector
August 1, 2019
According to data released by Nikkei and IHS Markit, the manufacturing Purchasing Managers’ Index (PMI) inched up from 52.5 in June to 52.6 in July.
Vietnam: Industrial production growth rises in July
July 29, 2019
Industrial production rose 9.7% in July, up from June’s revised 9.0% increase (previously reported: +9.6% year-on-year).
© Copyright: 2019 | Vietnam Inflation | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
