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Vietnam Inflation Rate
Last Release
Feb 28, 2025
Actual
2.91
Units In
%
Previous
3.63
Frequency
Monthly
Next Release
Apr 06, 2025
Time to Release
28 Days 19 Hours
Highest | Lowest | Average | Date Range | Source |
28.24 Aug 2008 | -2.6 Jul 2000 | 5.65 % | 1996-2025 | General Statistics Office of Vietnam |
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).
Latest Updates
The annual inflation rate in Vietnam eased to 2.91% in February 2025, a three-month low, down from 3.63% in January. The slowdown was driven by lower inflation in food and beverage services (3.10% vs. 4.42%), mainly due to a sharp decline in grain food inflation (1.10% vs. 3.11%). Price growth also moderated for drinks and tobacco (2.02% vs. 2.72%), textiles, footwear, and hats (2.02% vs. 2.72%), and culture, entertainment, and tourism (1.86% vs. 2.48%). Deflation persisted in transport (-2.74% vs. -0.36%), postal and communication services (-0.55% vs. -0.69%), and education (-0.56% vs. -1%). Meanwhile, core inflation, which excludes volatile items, slowed to 2.87% from 3.07% in January. On a monthly basis, consumer prices rose 0.34%, following a 0.98% increase in the previous month.
Vietnam Inflation Rate History
Last 12 readings