Vietnam increased 1.16 percent year-on-year in March of 2021, the highest since last November, after a 0.70 percent rise in the previous month, due mainly to a faster rise in housing & construction materials prices (0.82 percent vs 0.33 percent in February), while transport prices declined less (-0.48 percent vs -6.55 percent). Meantime, prices continued to increase for food & catering services (1.33 percent vs 2.39 percent), footwear, hat (0.81 percent vs 0.86 percent) and education (4.04 percent vs 4.08 percent). Annual core inflation, which excludes volatile items, declined to 0.73 percent in March from 0.79 percent in February. On a monthly basis, consumer prices fell 0.27 percent in March, the first monthly decline in 10 months, after the Lunar New Year, reversing from a 1.52 percent rise in February. source: General Statistics Office of Vietnam

Inflation Rate in Vietnam averaged 6.04 percent from 1996 until 2021, 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 April of 2021.

Inflation Rate in Vietnam is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Vietnam to stand at 3.40 in 12 months time. In the long-term, the Vietnam Inflation Rate is projected to trend around 3.50 percent in 2022 and 3.00 percent in 2023, according to our econometric models.

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Vietnam Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.16 0.70 28.24 -2.60 1996 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-12-27 07:00 AM Dec 0.19% 1.48% 2.2%
2021-01-29 02:00 AM Jan -0.97% 0.19% -0.5%
2021-02-28 02:00 AM Feb 0.70% -0.97% -0.6%
2021-03-29 02:00 AM Mar 1.16% 0.70% 1.4%
2021-04-29 02:00 AM Apr 1.16% 2.8%
2021-05-29 02:00 AM May 3.3%
2021-06-29 02:00 AM Jun
2021-07-29 02:00 AM Jul
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Vietnam Inflation Rate at 4-Month High of 1.16%
Vietnam increased 1.16 percent year-on-year in March of 2021, the highest since last November, after a 0.70 percent rise in the previous month, due mainly to a faster rise in housing & construction materials prices (0.82 percent vs 0.33 percent in February), while transport prices declined less (-0.48 percent vs -6.55 percent). Meantime, prices continued to increase for food & catering services (1.33 percent vs 2.39 percent), footwear, hat (0.81 percent vs 0.86 percent) and education (4.04 percent vs 4.08 percent). Annual core inflation, which excludes volatile items, declined to 0.73 percent in March from 0.79 percent in February. On a monthly basis, consumer prices fell 0.27 percent in March, the first monthly decline in 10 months, after the Lunar New Year, reversing from a 1.52 percent rise in February.
2021-03-29
Vietnam Consumer Prices Rebound in February
The consumer prices in Vietnam increased 0.70 percent year-on-year in February of 2021, after a 0.97 percent fall in the previous month, due mainly to a rebound in housing & construction materials prices (0.33 percent vs -3.55 percent in January), while food & catering services inflation accelerated (2.39 percent vs 1.03 percent) and transport prices declined less (-6.55 percent vs -10.27 percent), amid the Lunar New Year holidays. Meantime, prices continued to rise for both footwear, hat (0.86 percent vs 0.47 percent) and education (4.08 percent vs 4.13 percent). Annual core inflation, which excludes volatile items, increased to 0.79 percent in February from 0.49 percent in January. On a monthly basis, consumer prices were up 1.52 percent in February, the most since September 2012.
2021-02-28
Vietnam Consumer Prices Fall for 1st Time Since 2001
The consumer prices in Vietnam dropped 0.97 percent year-on-year in January of 2021, reversing from a 0.19 percent rise in the previous month. This was the first time decline in consumer prices since November 2001, mainly due to a fall in prices of both transport (-10.27 percent vs -11.68 percent in December 2020) and housing & construction materials (-3.55 percent vs 0.19 percent), while food & catering services inflation eased (1.03 percent vs 2.68 percent). Meantime, prices continued to increase for both education (4.13 percent vs 3.80 percent) and textiles, footwear, hat (0.47 percent vs 0.37 percent). Annual core inflation, which excludes volatile items, fell to 0.49 percent in January, the lowest since the series began in April 2015.
2021-01-29
Vietnam Inflation Rate at Near 5-Year Low of 0.19%
The annual inflation rate in Vietnam declined to 0.19 percent in December of 2020, the least since January 2016, from 1.48 percent in the previous month. Prices rose softer mostly for food & catering services (2.68 percent vs 6.63 percent in November), housing & construction materials (0.19 percent vs 0.64 percent), education (3.80 percent vs 3.81 percent), and textiles, footwear, hat (0.37 percent vs 0.55 percent). Meanwhile, transport prices continued to drop (-11.68 percent vs -13.27 percent), due to the decrease in electricity and water prices. Annual core inflation, which excludes volatile items, fell to 0.99 percent in December, the lowest since the series began in April 2015.
2020-12-27

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).