Vietnam’s annual inflation rate rose to 4.89% in August 2026, up from 4.45% in July, marking the highest rate in three months. On a monthly basis, consumer prices rose 0.45% in August, following a 0.12% decline in July. Meanwhile, average inflation for the first eight months of 2026 stood at 3.52%. source: General Statistics Office of Vietnam

Inflation Rate in Vietnam increased to 4.89 percent in August from 4.45 percent in July of 2026. Inflation Rate in Vietnam averaged 5.56 percent from 1996 until 2026, 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 September of 2026.

Inflation Rate in Vietnam increased to 4.89 percent in August from 4.45 percent in July of 2026. Inflation Rate in Vietnam is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Inflation Rate is projected to trend around 3.00 percent in 2027 and 2.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-03 02:00 AM
Inflation Rate YoY
Jul 4.45% 4.69% 4.5%
2026-09-03 02:00 AM
Inflation Rate YoY
Aug 4.89% 4.45%
2026-10-03 02:00 AM
Inflation Rate YoY
Sep 4.89% 4.5%


Related Last Previous Unit Reference
Consumer Price Index CPI 107.50 107.63 points Jul 2026
Core Inflation Rate 4.63 4.50 percent Jul 2026
Core Inflation Rate MoM 0.33 0.14 percent Jul 2026
CPI Transportation 99.47 101.52 points Jul 2026
Export Prices 128.10 126.70 points Dec 2024
Food Inflation 4.63 4.89 percent Jul 2026
GDP Deflator 183.63 175.29 points Dec 2024
Import Prices 116.10 118.40 points Dec 2024
Inflation Rate YoY 4.89 4.45 percent Aug 2026
Inflation Rate MoM -0.12 -0.39 percent Jul 2026
Producer Price Inflation MoM 3.05 0.68 percent Jun 2026
Producer Prices 104.61 101.51 points Jun 2026


Vietnam Inflation Rate
In Vietnam, the most important categories in the consumer price index are 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).
Actual Previous Highest Lowest Dates Unit Frequency
4.89 4.45 28.24 -2.60 1996 - 2026 percent Monthly

News Stream
Vietnam Inflation Eases to 4.45% in July
Vietnam’s inflation rate eased to 4.45% year-on-year in July 2026 from 4.69% in the previous month. Price growth grew at a softer pace in food and non-alcoholic beverages (4.63% vs 4.89% in June), alcoholic beverages and tobacco (4.13% vs 4.21%), housing and utilities (6.71% vs 7.17%), and transportation (3.66% vs 5.29%). On the other hand, costs increased in clothing and footwear (2.29% vs 2.19%), education (3.63% vs 3.39%), household equipment (3.21% vs 3.17%), health (1.24% vs 1.20%), information and communication (0.38% vs 0.13%), recreation and culture (3.65% vs 3.32%), and miscellaneous goods and services (5.91% vs 4.08%). On a monthly basis, consumer prices fell 0.12% in July, slowing from a 0.39% drop in the preceding period. Meanwhile, annual core inflation grew 4.63%, up from 4.50% a month earlier.
2026-08-03
Vietnam Inflation Rate Eases to 4-Month Low
Vietnam’s annual inflation rate eased to 4.69% in June 2026 from 5.60% in the previous month. This marked the lowest reading since February, as price growth moderated in food (4.89% vs 5.03% in May), alcoholic beverages and tobacco (4.21% vs 4.29%), clothing and footwear (2.19% vs 2.37%), housing utilities (7.17% vs 8.19%), transportation (5.29% vs 12.48%), and miscellaneous goods and services (4.08% vs 4.22%). In contrast, costs increased in furnishing and household equipment (3.17% vs 3.12%), health (1.20% vs 1.19%), information and communication (0.13% vs 0.07%), and recreation and culture (3.32% vs 2.91%), while inflation remained steady in education (at 3.39%). On a monthly basis, consumer prices fell 0.39% in May, following a 0.29% gain. Meanwhile, the annual core inflation rose by 4.50%, easing from 4.67% in the preceding period.
2026-07-03
Vietnam Inflation Rate Rises to 5.6% in May
Vietnam’s annual inflation rate increased to 5.60% in May 2026 from 5.46% in the previous month. This was the highest reading since January 2020, driven primarily by faster price growth in transport (12.48% vs 11.08% in April), reflecting elevated energy costs linked to ongoing conflict in the Middle East. Additional upward pressure came from housing and construction materials (8.19% vs 7.95%), culture, entertainment and tourism (2.91% vs 2.71%), garments, hats and footwear (2.37% vs 2.29%), beverages and tobacco (4.29% vs 4.21%), and healthcare services (1.19% vs 1.11%). In contrast, inflation eased for food (5.03% vs 5.20%), information and communication (0.07% vs 0.24%), and other goods and services (4.22% vs 4.52%). On a monthly basis, the CPI advanced 0.29%, the smallest rise in four months, slowing from a 0.84% increase in April. Annual core inflation was largely unchanged at 4.67% in May compared with 4.66% in April, remaining at its highest level since March 2023.
2026-06-03