The annual inflation rate in Vietnam increased to 5.23 percent in December 2019 from 3.52 percent in the previous month. This was the highest inflation rate since January 2014, as inflation accelerated for housing and construction materials (5.12 percent vs 3.73 percent in November); food and catering services (9.17 percent vs 5.61 percent); education (4.25 percent vs 4.23 percent), while transport costs rebounded sharply (3.52 percent vs -2.13 percent). Meantime, inflation eased for textile, footwear, hat (1.49 percent vs 1.59 percent). Annual core inflation, which excludes volatile items, went up to 2.78 percent in December from 2.18 percent in November, the highest since the series began in April 2015. On a monthly basis, consumer prices rose 1.40 percent, the highest since September 2012.

Inflation Rate in Vietnam averaged 6.22 percent from 1996 until 2019, reaching an all time high of 28.24 percent in August of 2008 and a record low of -2.60 percent in July of 2000. This page provides the latest reported value for - Vietnam Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: General Statistics Office of Vietnam

Inflation Rate in Vietnam is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Vietnam to stand at 3.60 in 12 months time. In the long-term, the Vietnam Inflation Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.


Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Vietnam Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.23 3.52 28.24 -2.60 1996 - 2019 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-09-28 03:00 AM Sep 1.98% 2.26% 2.16%
2019-10-29 02:00 AM Oct 2.24% 1.98% 1.8%
2019-11-29 02:00 AM Nov 3.52% 2.24% 2.6%
2019-12-27 06:30 AM Dec 5.23% 3.52% 4.0%
2020-01-29 02:00 AM Jan 5.23% 5.6%


News Stream
2019-11-29
Vietnam Inflation Rate at 13-Month High of 3.52%
The annual inflation rate in Vietnam increased to 3.52 percent in November 2019 from 2.24 percent in the previous month. This was the highest inflation rate since October last year, as inflation accelerated for both housing and construction materials (3.73 percent vs 2.94 percent in October) and food and catering services (5.61 percent vs 2.65 percent) with that of grain food rose 0.53 (vs 0.54 percent); and household appliances and goods (1.36 percent vs 1.34 percent). In addition, transport costs fell less than a month earlier (-2.13 percent vs -3.19 percent). Meantime, inflation eased for textile, footwear, hat (1.59 percent vs 1.73 percent); education (4.23 percent vs 4.25 percent). Annual core inflation, which excludes volatile items, went up to a 4-1/2 year high of 2.18 percent in November from 1.99 percent in October. On a monthly basis, consumer prices went up 0.96 percent.

2019-10-29
Vietnam Inflation Rate Rises to 2.24% in October
The annual inflation rate in Vietnam increased to 2.24 percent in October 2019 from 1.98 percent in the previous month. Inflation accelerated for both housing and construction materials (2.94 percent vs 2.72 percent in September) and food and catering services (2.65 percent vs 1.81 percent). Meantime, inflation eased for textile, footwear, hat (1.73 percent vs 1.82 percent); education (4.25 percent vs 4.65 percent); and household appliances and goods (1.34 percent vs 1.36 percent). On the other hand, transport costs continued to fall (-3.19 percent vs -2.65 percent). Annual core inflation, which excludes volatile items, edged up to a three-month high of 1.99 percent in October from 1.96 percent in September. On a monthly basis, consumer prices went up 0.59 percent.

2019-09-28
Vietnam Inflation Rate at Near 3-1/2 Year Low
The annual inflation rate in Vietnam declined to 1.98 percent in September 2019 from 2.26 percent in the previous month. This was the lowest inflation rate since April 2016, as inflation slowed for housing and construction materials (2.72 percent vs 2.80 percent in August); textile, footwear, hat (1.82 percent vs 1.85 percent); and education (4.65 percent vs 6.60 percent); while transport costs fell faster (-2.65 percent vs -0.62 percent). On the other hand, food and catering services prices rose faster (1.81 percent vs 1.70 percent), while household appliances and goods inflation was steady (at 1.36 percent). Annual core inflation, which excludes volatile items, edged up to 1.96 percent in September from 1.95 percent in August. On a monthly basis, consumer prices went up 0.32 percent.

2019-08-29
Vietnam Inflation Rate Slows to 2.26% in August
The annual inflation rate in Vietnam declined to 2.26 percent in August 2019 from 2.44 percent in the previous month. Prices rose slowed for food and catering services (1.70 percent from 2.34 percent in July); housing and construction materials (2.80 percent from 2.92 percent); household appliances and goods (1.36 percent from 1.42 percent); and garment, footwear, hat (1.85 percent from 1.86 percent). In addition, transport costs fell further (-0.62 percent from -0.04 percent). Meanwhile, education prices rose at a faster pace (6.60 percent from 6.48 percent in July). Annual core inflation, which excludes volatile items, went down to a three-month low of 1.95 percent in August from 2.04 percent in July. On a monthly basis, consumer prices went up 0.28 percent, following a 0.18 percent rise in July.

2019-07-29
Vietnam Inflation Rate Rises to 2.44% in July
The annual inflation rate in Vietnam increased to 2.44 percent in July 2019 from 2.16 percent in the previous month, boosted by prices of education (6.48 percent from 6.29 percent in June) while transport costs fell less than a month earlier (-0.04 percent from -0.52 percent). Meantime, prices increased softer for food and catering services (2.34 percent from 2.44 percent), housing and construction materials (2.92 percent from 3.33 percent); household appliances and goods (1.42 percent from 1.44 percent); and garment, footwear, hat (1.86 percent from 1.88 percent). Annual core inflation, which excludes volatile items, edged up to a four-year high of 2.04 percent in July from 1.96 percent in June. On a monthly basis, consumer prices went up 0.18 percent, following a 0.09 percent fall in June.

2019-06-28
Vietnam Inflation Rate at Over 3-Year Low
The annual inflation rate in Vietnam decreased to 2.16 percent in June 2019 from 2.88 percent in the previous month. This was the lowest inflation rate since April 2016, as housing and construction materials prices rose less than in the previous month (3.33 percent from 4.21 percent in May) while prices fell for transport (-0.52 percent from 2.28 percent) and food (-0.56 percent from -0.68 percent). Meanwhile, prices went up at a faster pace for: household appliances and goods (1.44 percent from 1.32 percent); education (6.29 percent from 6.17 percent), and garment, footwear, hat (1.88 percent from 1.79 percent). Annual core inflation, which excludes volatile items, edged up to 1.96 percent in June from 1.90 percent in May. On a monthly basis, consumer prices inched down 0.09 percent, following a 0.49 percent rise in May.


Vietnam Inflation Rate
In Vietnam, the most important categories in the consumer price index are food and food and drink services (36.12 percent of total weight), housing and construction materials (15.73 percent), transport (9.37 percent), household appliances (7.1 percent) and clothing and footwear (6.37 percent). The index also includes: education (6 percent), health (5 percent), culture, entertainment and tourism (4.29 percent), beverages and tobacco (3.59 percent), miscellaneous goods and services (3.3 percent) and posts and telecoms (2.89 percent).

Vietnam Prices Last Previous Highest Lowest Unit
Inflation Rate 5.23 3.52 28.24 -2.60 percent [+]
Consumer Price Index CPI 116.65 115.04 116.65 100.17 points [+]
Core Inflation Rate 2.78 2.18 2.78 1.18 percent [+]
GDP Deflator 158.65 153.44 182.44 0.11 points [+]
Export Prices 113.30 121.20 124.80 88.10 points [+]
Import Prices 111.20 120.60 120.60 88.40 points [+]
Producer Prices 100.52 101.00 121.35 97.41 points [+]
Inflation Rate Mom 1.40 0.96 3.91 -1.14 percent [+]
CPI Transportation 93.00 92.44 153.68 76.88 points [+]
Food Inflation 0.82 0.53 74.29 -10.12 percent [+]