Cost of food in Vietnam decreased 0.56 percent in June of 2019 over the same month in the previous year. Food Inflation in Vietnam averaged 9.94 percent from 2004 until 2019, reaching an all time high of 74.29 percent in June of 2008 and a record low of -10.12 percent in July of 2009.
Food Inflation in Vietnam is expected to be 4.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Vietnam to stand at 3.70 in 12 months time. In the long-term, the Vietnam Food Inflation is projected to trend around 4.00 percent in 2020, according to our econometric models.