Producer Prices in Vietnam

Vietnam Producer Prices | Economic News & Forecasts

Vietnam - Producer Prices

Inflation falls to lowest level since May in September

Consumer prices increased 0.12% in September over the previous month, broadly unchanged from August's 0.07% increase. Looking at the details of the release, education prices rose at a quicker pace in September compared to the previous month, while prices pressures for transportation fell.

Inflation came in at 3.0% in September, easing slightly from August’s 3.2%. September's reading marked the lowest inflation rate since May. Annual average inflation edged up to 3.8% in September (August: 3.7%).

Looking ahead, our panelists see inflation remaining moderate, which should provide room for the State Bank of Vietnam to continue to adopt an accommodative monetary stance.

FocusEconomics Consensus Forecast panelists expect inflation to average 3.3% in 2020, which is unchanged from last month’s forecast. For 2021, the panel projects inflation to average 3.2%, which is also unchanged from last month’s forecast.

Vietnam - Producer Prices Data

2015   2016   2017   2018   2019  
Inflation (PPI, annual variation in %)-0.6  -0.6  2.8  3.1  1.3  

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Vietnam Facts

Value Change Date
Bond Yield3.38-0.13 %Dec 31
Exchange Rate23,1730.01 %Jan 01

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