Annual core inflation, which excludes volatile items, went down to 2.45 percent in June, the lowest since last November. TEForecast This was the highest inflation rate since March, mainly due to a rise in both housing and gasoline prices. 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).

This was the lowest inflation rate since October of last year, due to the initiative in controlling petrol prices by government amid a loosening of coronavirus-related lockdown measures. It was the lowest rate since September of 2004, pushed down by transport prices (-8.4% vs -3.5% in April), of which fuels (-25.9% vs -12.8%). Inflation accelerated mostly for food & catering services (15.86 percent vs 12.11 percent in May). 1996-2020 Data | 2021-2022 Forecast | Calendar | Historical The annual inflation rate in Vietnam increased to 3.39 percent in July of 2020 from 3.17 percent in the previous month. Overall, the price increase was 308.07 %. This was the highest inflation rate since March, due to a rise in food & catering services prices amid a loosening of coronavirus-related lockdown measures. In addition, transport prices fell less (-17.30 percent vs -23.37 percent in May), due to the increase in the gasoline prices. Meanwhile, prices increased further for both textiles, footwear, hat (0.64 percent vs 0.68 percent) and education (4.15 percent vs 4.36 percent). The inflation rate for consumer prices in Vietnam moved over the past 23 years between …
The annual inflation rate in Vietnam increased to 3.17 percent in June of 2020 from 2.40 percent in the previous month.

In addition, transport prices fell less (-17.30 percent vs -23.37 percent in May), due to the increase in the gasoline prices. 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. Real interest rate (%) in Vietnam was reported at 3.8432 % in 2018, according to the World Bank collection of development indicators, compiled from officially recognized sources. Annual core inflation, which excludes volatile items, went down to 2.45 percent in June, the lowest since last November. Vietnam inflation rate for 2019 was 2.80%, a 0.74% decline from 2018. May 29, 2020. On the other hand, costs rose faster for food & catering services (12.11 percent vs 11.78 percent).

The Trading Economics Application Programming Interface (API) provides direct access to our data. Inflation Rate YoY The annual inflation rate in Vietnam increased to 3.17 percent in June of 2020 from 2.40 percent in the previous month. Inflation Rate YoY Also, inflation slowed mostly for housing & construction materials (0.37 percent vs 1.41 percent), textiles, footwear, hat (0.82 percent vs 0.95 percent) and education (4.58 percent vs 4.63 percent). Inflation Rate YoY Real interest rate (%) - Vietnam International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator. Vietnam's annual core inflation, which excludes volatile items, declined to 2.45 percent in June 2020 from 2.54 percent in May 2020. In 2018, the average inflation rate in Vietnam amounted to 3.54 percent compared to the previous year. Economic and political reforms under Đổi Mới, launched in 1986, have spurred rapid economic growth and development and transformed Vietnam from one of the worlds poorest nations to a lower middle-income country. Inflation Rate YoY

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