Vietnam Inflation Rate Highest Since 2020

2026-05-03 02:09 By Chusnul Chotimah 1 min. read

Vietnam’s annual inflation rate accelerated to 5.46% in April 2026 from 4.65% in March, marking the highest level since January 2020, driven by higher domestic gas prices in line with rising global oil prices.

Upward price pressures were broad-based across most components, including food (5.20% vs 4.72% in March); beverages and tobacco (4.21% vs 3.44%); clothing, hats, and footwear (2.29% vs 1.82%); housing, electricity, water, fuel, and building materials (7.95% vs 5.88%); household equipment and goods (3.14% vs 2.44%); healthcare (1.11% vs 1.00%); transport (11.08% vs 10.81%); education (3.37% vs 3.30%); culture, entertainment, and tourism (2.71% vs 2.07%); and other goods and services (4.52% vs 4.01%).

Meanwhile, the cost of communication rebounded (0.24% vs -0.07%).

Core inflation rose to 4.66% in April from 3.96% previously.

Core inflation accelerated to 4.66% in April, marking the fastest pace since March 2023.

Monthly, CPI rose 0.84%, easing from a 1.23% rise in March.



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Vietnam Inflation Rate Highest Since 2020
Vietnam’s annual inflation rate accelerated to 5.46% in April 2026 from 4.65% in March, marking the highest level since January 2020, driven by higher domestic gas prices in line with rising global oil prices. Upward price pressures were broad-based across most components, including food (5.20% vs 4.72% in March); beverages and tobacco (4.21% vs 3.44%); clothing, hats, and footwear (2.29% vs 1.82%); housing, electricity, water, fuel, and building materials (7.95% vs 5.88%); household equipment and goods (3.14% vs 2.44%); healthcare (1.11% vs 1.00%); transport (11.08% vs 10.81%); education (3.37% vs 3.30%); culture, entertainment, and tourism (2.71% vs 2.07%); and other goods and services (4.52% vs 4.01%). Meanwhile, the cost of communication rebounded (0.24% vs -0.07%). Core inflation rose to 4.66% in April from 3.96% previously. Core inflation accelerated to 4.66% in April, marking the fastest pace since March 2023. Monthly, CPI rose 0.84%, easing from a 1.23% rise in March.
2026-05-03
Vietnam Inflation Rate Highest In Over 3 Years
Vietnam’s annual inflation rate accelerated to 4.65% in March 2026 from 3.35% in the previous month, marking the highest level since January 2023 and the fastest March year-on-year CPI increase in the past five years. Upward price pressures were broad-based across most components, including food (4.72% vs 5.28% in February), beverages and tobacco (3.44% vs 3.03%), clothing, hats, and footwear (1.82% vs 1.87%), housing electricity, water, fuel and building materials (5.88% vs 5.60%), household equipment and goods (2.44% vs 2.23%), healthcare (1.0% vs 0.74%), transport (10.81% vs -3.19%), education (3.30% vs 3.21%), culture, entertainment and tourism (2.07% vs 2.31%), and other goods and services (4.01% vs 4.10%). At the same time, cost of communication remained broadly stable (-0.07% vs -0.24%). Core inflation rose to 3.96% in March from the prior 3.74%. On a monthly basis, consumer prices increased 1.23%, after 1.14% gain in February, the steepest pace since February 2021.
2026-04-04
Vietnam Inflation Rises to 3.35% in February
Vietnam’s annual inflation rate rose to 3.35% in February 2026, up from 2.53% in the previous month, which was the lowest since July 2023. Costs increased for food and foodstuff services (5.28% vs 3.64% in January), household equipment and goods (2.23% vs 1.71%), clothing, hats, and footwear (1.87% vs 1.21%), education (3.21% vs 3.14%), culture, entertainment and tourism (2.31% vs 1.11%), beverages and tobacco (3.03% vs 1.95%), and other goods and services (4.10% vs 2.94%). At the same time, inflation held steady for housing electricity, water, fuel and building materials (5.60%), while deflation eased in transportation (-3.19% vs -3.76%) and information and communication (-0.24% vs -0.28%). Meanwhile, price growth slowed for medicines and medical services (0.74% vs 0.92%). On a monthly basis, consumer prices increased by 1.14% in February, accelerating from 0.05% in January. The core inflation rate also rose to 3.74% from 3.19% in January
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