The annual inflation rate in Vietnam increased to 4.55 percent in December of 2022 from 4.37 percent in November. It was the highest inflation rate since March 2020, due to a faster rise in prices of housing & construction materials (7.14 percent vs 5.96 percent in November); education (11.80 percent vs 10.96 percent); and textile, footwear, and hat (2.43 percent vs 2.24 percent). Meanwhile, food & catering services prices rose softer (5.21 percent vs 5.23 percent in November). By contrast, prices of transport fell (-0.16 percent vs 0.94 percent). Annual core inflation, which excludes volatile items, advanced by 4.99 percent, the new record high, after a 4.81 rise in November. On a monthly basis, consumer prices edged down 0.01 percent in December, following a 0.39 percent gain in November. source: General Statistics Office of Vietnam

Inflation Rate in Vietnam averaged 5.83 percent from 1996 until 2022, 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. Vietnam Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.

Inflation Rate in Vietnam is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Inflation Rate is projected to trend around 4.00 percent in 2024 and 2.40 percent in 2025, according to our econometric models.

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Vietnam Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-11-29 02:00 AM Nov 4.37% 4.3% 4.4%
2022-12-29 02:00 AM Dec 4.55% 4.37% 4.8%
2023-01-29 02:00 AM Jan 4.55% 4.6%


Related Last Previous Unit Reference
Inflation Rate 4.55 4.37 percent Dec 2022
Consumer Price Index CPI 109.95 109.87 points Dec 2022
Core Inflation Rate 4.99 4.81 percent Dec 2022
GDP Deflator 164.17 163.58 points Dec 2021
Export Prices 118.90 106.90 points Dec 2021
Import Prices 126.70 103.60 points Dec 2021
Producer Prices 102.84 104.62 points Dec 2022
Inflation Rate MoM 0.01 0.39 percent Dec 2022
CPI Transportation 105.95 108.98 points Dec 2022
Food Inflation 2.91 2.79 percent Dec 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
4.55 4.37 28.24 -2.60 1996 - 2022 percent Monthly

News Stream
Vietnam Inflation Rate at Over 2-1/2 Year High
The annual inflation rate in Vietnam increased to 4.55 percent in December of 2022 from 4.37 percent in November. It was the highest inflation rate since March 2020, due to a faster rise in prices of housing & construction materials (7.14 percent vs 5.96 percent in November); education (11.80 percent vs 10.96 percent); and textile, footwear, and hat (2.43 percent vs 2.24 percent). Meanwhile, food & catering services prices rose softer (5.21 percent vs 5.23 percent in November). By contrast, prices of transport fell (-0.16 percent vs 0.94 percent). Annual core inflation, which excludes volatile items, advanced by 4.99 percent, the new record high, after a 4.81 rise in November. On a monthly basis, consumer prices edged down 0.01 percent in December, following a 0.39 percent gain in November.
2022-12-29
Vietnam Inflation Rate Rises to 32-Month High
The annual inflation rate in Vietnam increased to 4.37 percent in November of 2022 from 4.30 percent in October. It was the highest inflation rate since March 2020, due to a faster rise in prices of food & catering services (5.23 percent vs 5.13 percent in October); housing & construction materials (5.96 percent vs 5.42 percent); and education (10.96 percent vs 10.64 percent). Prices continued to increase for both transport (0.94 percent vs 1.81 percent); textile, footwear, and hat (2.24 percent vs 2.27 percent). Annual core inflation, which excludes volatile items, advanced by 4.81 percent, the fresh record peak, after a 4.47 rise in October. On a monthly basis, consumer prices were up 0.39 percent in November, following a 0.15 percent gain in October.
2022-11-29
Vietnam Inflation Rate at Over 2-1/2-Year High
The annual inflation rate in Vietnam advanced to 4.3 percent in October of 2022 from 3.94 percent in September. It was the highest inflation rate since March 2020, with main upward pressures coming from cost of food & catering services (5.13 percent vs 3.65 percent in September); housing & construction materials (5.42 percent vs 4.43 percent); transport (1.81 percent vs 6.68 percent); textile, footwear, and hat (2.27 percent vs 2.19 percent); and education (10.64 percent vs 8.37 percent). Annual core inflation, which excludes volatile items, increased by 4.47 percent, the new record high, after a 3.82 rise in September. On a monthly basis, consumer prices edged up 0.15 percent in October, after a 0.4 percent rise in September.
2022-10-29