The annual inflation rate in Vietnam declined to 3.14 percent in July of 2022 from June’s near 2-year high of 3.37 percent, due to a softer rise in prices of both housing & construction materials (1.13 percent vs 1.53 percent) and transport (15.22 percent vs 21.41 percent). Prices continued to rise for food & catering services (2.98 percent vs 1.27 percent) and textile, footwear and hat (1.84 percent vs 1.42 percent). By contrast, prices of education fell further (-1.97 percent vs -2.13 percent). Annual core inflation, which excludes volatile items, rose to a 27-month high of 2.63 percent in July from 1.98 percent in June. On a monthly basis, consumer prices climbed 0.40 percent in July, easing from a 0.69 percent increase in the prior month. source: General Statistics Office of Vietnam

Inflation Rate in Vietnam averaged 5.86 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 August of 2022.

Inflation Rate in Vietnam is expected to be 3.00 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 2.50 percent in 2023, 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.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Vietnam Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-06-29 02:00 AM Jun 3.37% 2.86% 3.0%
2022-07-29 02:00 AM Jul 3.14% 3.37% 3.6%
2022-08-29 02:00 AM Aug 3.14%


Related Last Previous Unit Reference
Inflation Rate 3.14 3.37 percent Jul 2022
Consumer Price Index CPI 108.85 108.42 points Jul 2022
Core Inflation Rate 2.63 1.98 percent Jul 2022
GDP Deflator 163.58 161.49 points Dec 2020
Export Prices 118.90 106.90 points Dec 2021
Import Prices 126.70 103.60 points Dec 2021
Food Inflation 2.82 2.87 percent Jul 2022
CPI Transportation 117.96 121.19 points Jul 2022
Inflation Rate Mom 0.40 0.69 percent Jul 2022
Producer Prices 105.11 104.39 points Jun 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
3.14 3.37 28.24 -2.60 1996 - 2022 percent Monthly

News Stream
Vietnam Inflation Rate Eases to 3.14% in July
The annual inflation rate in Vietnam declined to 3.14 percent in July of 2022 from June’s near 2-year high of 3.37 percent, due to a softer rise in prices of both housing & construction materials (1.13 percent vs 1.53 percent) and transport (15.22 percent vs 21.41 percent). Prices continued to rise for food & catering services (2.98 percent vs 1.27 percent) and textile, footwear and hat (1.84 percent vs 1.42 percent). By contrast, prices of education fell further (-1.97 percent vs -2.13 percent). Annual core inflation, which excludes volatile items, rose to a 27-month high of 2.63 percent in July from 1.98 percent in June. On a monthly basis, consumer prices climbed 0.40 percent in July, easing from a 0.69 percent increase in the prior month.
2022-07-29
Vietnam Inflation Rate at Near 2-Year High of 3.37%
The annual inflation rate in Vietnam increased to a near 2-year high of 3.37 percent in June of 2022 from 2.86 percent in May, mainly boosted by faster rises in prices of food & catering services (2.27 percent vs 1.32 percent), transport (21.41 percent vs 18.42 percent), and textile, footwear and hat (1.49 percent vs 1.32 percent). Meanwhile, prices of housing & construction materials continued to rise (1.53 percent vs 2.18 percent). In addition, prices of education fell less (-2.13 percent vs -2.17 percent). Annual core inflation, which excludes volatile items, climbed to a 22-month high of 1.98 percent in June from 1.61 percent in May. On a monthly basis, consumer prices rose 0.69 percent in June, the most in three months, accelerating from a 0.38 percent gain in the prior month.
2022-06-29
Vietnam Inflation Rate at 12-Month High of 2.86%
The annual inflation rate climbed to a 12-month high of 2.86 percent in May of 2022 from 2.64 percent in the previous month, mainly boosted by faster rises in prices of food & catering services (1.32 percent vs 1.08 percent), transport (18.42 percent vs 16.59 percent), and footwear and hat (1.32 percent vs 1.13 percent). Meanwhile, prices of housing & construction materials continued to increase (2.18 percent vs 2.72 percent). In addition, prices of education dropped less (-2.17 percent vs -2.31 percent). Annual core inflation, which excludes volatile items, increased to an 18-month high of 1.61 percent in May from 1.47 percent in April. On a monthly basis, consumer prices went up 0.38 percent in May, accelerating from a 0.18 percent rise in the prior month.
2022-05-29