Cost of food in Vietnam increased 5.08 percent in July of 2020 over the same month in the previous year.
Food Inflation in Vietnam averaged 9.57 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. This page provides the latest reported value for - Vietnam Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Vietnam Food Inflation - values, historical data and charts - was last updated on August of 2020. source: General Statistics Office of Vietnam
Food Inflation in Vietnam is expected to be 2.50 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 2.50 in 12 months time. In the long-term, the Vietnam Food Inflation is projected to trend around 3.00 percent in 2021, according to our econometric models.