The annual inflation rate in Vietnam declined to 2.26 percent in August 2019 from 2.44 percent in the previous month. Prices rose slowed for food and catering services (1.70 percent from 2.34 percent in July); housing and construction materials (2.80 percent from 2.92 percent); household appliances and goods (1.36 percent from 1.42 percent); and garment, footwear, hat (1.85 percent from 1.86 percent). In addition, transport costs fell further (-0.62 percent from -0.04 percent). Meanwhile, education prices rose at a faster pace (6.60 percent from 6.48 percent in July). Annual core inflation, which excludes volatile items, went down to a three-month low of 1.95 percent in August from 2.04 percent in July. On a monthly basis, consumer prices went up 0.28 percent, following a 0.18 percent rise in July. Inflation Rate in Vietnam averaged 6.26 percent from 1996 until 2019, 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.

Inflation Rate 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 Inflation Rate in Vietnam to stand at 3.10 in 12 months time. In the long-term, the Vietnam Inflation Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.

Vietnam Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-29 03:00 AM Inflation Rate YoY May 2.88% 2.9% 2.8%
2019-06-28 02:00 AM Inflation Rate YoY Jun 2.16% 2.88% 2.7%
2019-07-29 02:00 AM Inflation Rate YoY Jul 2.44% 2.16% 2%
2019-08-29 02:00 AM Inflation Rate YoY Aug 2.26% 2.44% 2.6%
2019-09-29 02:00 AM Inflation Rate YoY Sep 2.26% 2.5%
2019-10-29 03:00 AM Inflation Rate YoY Oct
2019-11-29 03:00 AM Inflation Rate YoY Nov


Vietnam Prices Last Previous Highest Lowest Unit
Inflation Rate 2.26 2.44 28.24 -2.60 percent [+]
Consumer Price Index CPI 112.92 112.61 112.92 100.17 Index Points [+]
Core Inflation Rate 1.95 2.04 2.20 1.18 percent [+]
GDP Deflator 158.65 153.44 182.44 0.11 Index Points [+]
Export Prices 113.30 121.20 124.80 88.10 Index Points [+]
Import Prices 111.20 120.60 120.60 88.40 Index Points [+]
Producer Prices 102.28 101.45 121.35 97.41 Index Points [+]
Inflation Rate Mom 0.28 0.18 3.91 -1.14 percent [+]
CPI Transportation 93.37 93.80 153.68 76.88 Index Points [+]
Food Inflation 0.62 0.41 74.29 -10.12 percent [+]


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). 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.26 2.44 28.24 -2.60 1996 - 2019 percent Monthly




Country Last Previous
Argentina 53.60 Aug/19
Australia 1.60 Jun/19
Brazil 3.43 Aug/19
Canada 1.90 Aug/19
China 2.80 Aug/19
Euro Area 1.00 Aug/19
France 1.00 Aug/19
Germany 1.40 Aug/19
India 3.21 Aug/19
Indonesia 3.49 Aug/19
Italy 0.40 Aug/19
Japan 0.30 Aug/19
Mexico 3.16 Aug/19
Netherlands 2.80 Aug/19
Russia 4.30 Aug/19
Saudi Arabia -1.30 Jul/19
Singapore 0.50 Aug/19
South Africa 4.30 Aug/19
South Korea 0.00 Aug/19
Spain 0.30 Aug/19
Switzerland 0.30 Aug/19
Turkey 15.01 Aug/19
United Kingdom 1.70 Aug/19
United States 1.70 Aug/19


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