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Subdued inflationVietnam: Inflation

Subdued inflation

Vietnam: Inflation rises in December
December 28, 2013
In December, consumer prices rose 0.51% over the previous month, which was above the 0.34% rise recorded in November. According to the General Statistics Office of Vietnam, December’s result was due to higher prices for housing and construction materials as well as for catering and related services.

Annual inflation inched up from 5.8% in November to 6.0% in December. As a result, inflation is now within the Central Bank’s target range of between 6.0% and 6.5%. Annual average inflation edged down from 6.7% in November to 6.6% in December.

FocusEconomics Consensus Forecast panelists expect headline inflation to average 7.4% in 2014, which is unchanged from last month’s forecast. According to the panel, average inflation will accelerate to 7.8% in 2015.


Vietnam: Inflation inches down in November
November 25, 2013
In November, consumer prices rose 0.34% over the previous month, which was below the 0.49% increase recorded in October. According to the General Statistics Office of Vietnam, November’s result was due to higher prices for food and education.

Annual inflation inched down from 5.9% in October to 5.8% in November. Inflation remains slightly below the Central Bank’s 2013 target range of between 6.0% and 6.5%. Annual average inflation decreased from 6.8% in October to 6.7% in November.

FocusEconomics Consensus Forecast panelists expect headline inflation to average 6.7% in 2013, which is up 0.1 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 7.5% in 2014, which is up 0.4 percentage points from last month’s estimate.


Vietnam: Inflation falls in October
October 25, 2013
In October, consumer prices rose 0.49% over the previous month, which was well below the 1.06% increase recorded in September. According to the General Statistics Office of Vietnam, October’s increase was due to higher prices for food and education, which offset lower prices for telecommunication.

Annual inflation edged down from 6.3% in September to 5.9% in October. As a result, inflation is now slightly below the target range of between 6.0% and 6.5% for this year. Annual average inflation inched down from 6.9% in September to 6.8% in October.

FocusEconomics Consensus Forecast panelists expect headline inflation to average 6.7% in 2013, which is up 0.1 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 7.5% in 2014, which is up 0.4 percentage points from last month’s estimate.


Vietnam: Inflation eases in September
September 25, 2013
In September, consumer prices increased 1.06% over the previous month, which was slightly above the 0.83% rise seen in August. According to the General Statistics Office of Vietnam, the increase was due to higher prices for education and health care.

Annual inflation decreased from 7.5% in July to 6.3% in September. Inflation is now within the target range of between 6.0% and 6.5% for this year. Annual average inflation remained unchanged at the 6.9% increase also recorded in August.

FocusEconomics Consensus Forecast panelists expect headline inflation to average 6.7% in 2013, which is up 0.1 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 7.5% in 2014.


Vietnam: Inflation quickens in August
August 24, 2013
In August, consumer prices rose 0.83% over the previous month, which came in well above the 0.27% increase recorded in July. According to the General Statistics Office of Vietnam, the jump was due to higher prices for health care, as well as for food and transportation, the latter of which was driven by an increase in oil prices

As a result of the monthly increase, annual inflation rose to 7.5% in August (July: 7.3%), its highest level in 15 months. Accordingly, inflation remains above the target range of between 6.0% and 6.5% for this year. Annual average inflation rose from 6.7% in July to 6.9% in August.

FocusEconomics Consensus Forecast panellists expect headline inflation to average 6.7% in 2013, which is up 0.1 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 7.5% in 2014.


Vietnam: Inflation quickens in July as oil prices shoot up
July 24, 2013
In July, consumer prices rose 0.27% over the previous month, which came in well above the 0.05% increase recorded in June. According to the General Statistics Office of Vietnam, the jump was due to higher transportation costs, driven by a sharp increase in oil prices.

As a result of the monthly increase, annual inflation rose to 7.3% in July (June: 6.7%), its highest level in 14 months. Annual average inflation rose from 6.5% in June to 6.7% in July.

FocusEconomics Consensus Forecast panellists expect headline inflation to average 6.6% in 2013, which is down 0.2 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 7.5% in 2014.


Vietnam: Inflation picks up in June
June 24, 2013
In June, consumer prices rose 0.05% over the previous month, which contrasted the 0.06% fall recorded in May. According to the General Statistics Office of Vietnam, higher prices for garment and footwear as well as for culture, entertainment and tourism offset lower prices for postal services and communications as well as for traffic.

As a result of the monthly increase, annual inflation rose from 6.4% in May to 6.7% in June. Despite the increase, annual average was unchanged at May’s 6.5%.

FocusEconomics Consensus Forecast panellists expect headline inflation to average 7.5% in 2013, which is down 0.3 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 7.8% in 2014.


Vietnam: Inflation hits nine-month low in May
May 24, 2013
In May, consumer prices decreased 0.06% over the previous month, which contrasted the 0.02% increase recorded in April. According to the General Statistics Office of Vietnam, lower prices for food and foodstuffs as well as for housing and construction materials were partially offset by higher prices for medicine and healthcare.

As a result of the subdued monthly reading, annual inflation edged down from 6.6% in April to 6.4% in May, which marks the lowest print since August 2012. As a result, annual average inflation fell from 6.7% in April to 6.5% in May, the lowest level observed since June 2010.

FocusEconomics Consensus Forecast panellists expect headline inflation to average 7.5% in 2013, which is down 0.3 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 7.8% in 2014.


Vietnam: Inflation inches down in April
April 24, 2013
In April, consumer prices increased 0.02% over the previous month, which contrasted the 0.19% drop recorded in March. According to the General Statistics Office of Vietnam, higher prices for medicine and healthcare as well as for traffic were virtually offset by lower prices for food and foodstuffs as well as for housing and construction materials.

As a result of the flat monthly reading, annual inflation inched down from 6.7% in March to 6.6% in April. In addition, annual average inflation fell from 7.0% in March to 6.7%, the lowest level observed since July 2010.

FocusEconomics Consensus Forecast panellists expect headline inflation to average 8.1% in 2013, which is up 0.1 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 8.2% in 2014.


Vietnam: Inflation falls in March
March 23, 2013
In March, consumer prices decreased 0.19% over the previous month, which contrasted the 1.33% increase recorded in February. According to the General Statistics Office of Vietnam, the decline was mainly driven by lower prices for food and foodstuff.

Building on the monthly price fall, annual inflation edged down from 7.0% in February to 6.7% in March. In addition, annual average inflation fell from 7.6% in February to 7.0%, the lowest level since July 2010.

FocusEconomics Consensus Forecast panellists expect headline inflation to average 8.1% in 2013, which is up 0.1 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 8.2% in 2014.


Vietnam: Inflation rises in February
February 25, 2013
In February, consumer prices rose 1.33% over the previous month, which was above the 1.25% increase recorded in January. According to the General Statistics Office of Vietnam, the reading was driven by higher prices for medicine and health care.

Despite the monthly price rise, annual inflation edged down from 7.1% in January to 7.0% in February. In addition, annual average inflation fell from 8.3% in January to 7.6%, the lowest level since August 2010.

FocusEconomics Consensus Forecast panellists expect headline inflation to average 8.3% in 2013, which is up 0.3 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 8.7% in 2014.


Vietnam: Inflation picks up in January
January 24, 2013
In January, consumer prices rose 1.25% over the previous month, which was above the 0.27% increase recorded in December. According to the General Statistics Office of Vietnam, the reading was driven by higher prices for medicine and health care.

As a result of the monthly price rise, annual inflation edged up from 6.8% in December to 7.1% in January. Nonetheless, annual average inflation fell from 9.1% in December to 8.3% in January, the lowest level since October 2010.
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Subdued inflationVietnam: Inflation rises in DecemberDecember 28, 2013In December, consumer prices rose 0.51% over the previous month, which was above the 0.34% rise recorded in November. According to the General Statistics Office of Vietnam, December’s result was due to higher prices for housing and construction materials as well as for catering and related services.Annual inflation inched up from 5.8% in November to 6.0% in December. As a result, inflation is now within the Central Bank’s target range of between 6.0% and 6.5%. Annual average inflation edged down from 6.7% in November to 6.6% in December. FocusEconomics Consensus Forecast panelists expect headline inflation to average 7.4% in 2014, which is unchanged from last month’s forecast. According to the panel, average inflation will accelerate to 7.8% in 2015.Vietnam: Inflation inches down in NovemberNovember 25, 2013In November, consumer prices rose 0.34% over the previous month, which was below the 0.49% increase recorded in October. According to the General Statistics Office of Vietnam, November’s result was due to higher prices for food and education.Annual inflation inched down from 5.9% in October to 5.8% in November. Inflation remains slightly below the Central Bank’s 2013 target range of between 6.0% and 6.5%. Annual average inflation decreased from 6.8% in October to 6.7% in November. FocusEconomics Consensus Forecast panelists expect headline inflation to average 6.7% in 2013, which is up 0.1 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 7.5% in 2014, which is up 0.4 percentage points from last month’s estimate.Vietnam: Inflation falls in OctoberOctober 25, 2013In October, consumer prices rose 0.49% over the previous month, which was well below the 1.06% increase recorded in September. According to the General Statistics Office of Vietnam, October’s increase was due to higher prices for food and education, which offset lower prices for telecommunication.Annual inflation edged down from 6.3% in September to 5.9% in October. As a result, inflation is now slightly below the target range of between 6.0% and 6.5% for this year. Annual average inflation inched down from 6.9% in September to 6.8% in October. FocusEconomics Consensus Forecast panelists expect headline inflation to average 6.7% in 2013, which is up 0.1 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 7.5% in 2014, which is up 0.4 percentage points from last month’s estimate.Vietnam: Inflation eases in SeptemberSeptember 25, 2013In September, consumer prices increased 1.06% over the previous month, which was slightly above the 0.83% rise seen in August. According to the General Statistics Office of Vietnam, the increase was due to higher prices for education and health care.Annual inflation decreased from 7.5% in July to 6.3% in September. Inflation is now within the target range of between 6.0% and 6.5% for this year. Annual average inflation remained unchanged at the 6.9% increase also recorded in August.FocusEconomics Consensus Forecast panelists expect headline inflation to average 6.7% in 2013, which is up 0.1 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 7.5% in 2014.Vietnam: Inflation quickens in AugustAugust 24, 2013In August, consumer prices rose 0.83% over the previous month, which came in well above the 0.27% increase recorded in July. According to the General Statistics Office of Vietnam, the jump was due to higher prices for health care, as well as for food and transportation, the latter of which was driven by an increase in oil pricesAs a result of the monthly increase, annual inflation rose to 7.5% in August (July: 7.3%), its highest level in 15 months. Accordingly, inflation remains above the target range of between 6.0% and 6.5% for this year. Annual average inflation rose from 6.7% in July to 6.9% in August.FocusEconomics Consensus Forecast panellists expect headline inflation to average 6.7% in 2013, which is up 0.1 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 7.5% in 2014.Vietnam: Inflation quickens in July as oil prices shoot upNgày 24 tháng 8 năm 2013Vào tháng bảy, giá tiêu dùng tăng 0,27% so với tháng trước, mà đến trong cao hơn 0,05% tăng thu âm vào tháng sáu. Theo Cục thống kê tổng hợp của Việt Nam, nhảy là do chi phí vận chuyển cao hơn, thúc đẩy bởi một sự gia tăng mạnh giá dầu. Là kết quả của sự gia tăng hàng tháng, lạm phát hàng năm tăng đến 7,3% vào tháng bảy (tháng sáu: 6,7%), mức cao nhất trong 14 tháng. Lạm phát hàng năm trung bình tăng từ 6,5% trong tháng sáu đến 6,7% vào tháng bảy.FocusEconomics sự đồng thuận thời panellists mong đợi tiêu đề lạm phát trung bình 6,6% vào năm 2013, nằm xuống cách 0.2 phần trăm từ cuối tháng thời. Theo bảng điều khiển, lạm phát trung bình sẽ tăng tốc đến 7,5% vào năm 2014.Việt Nam: Lạm phát chọn lên vào tháng sáuNgày 24 tháng 8 năm 2013Vào tháng sáu, giá tiêu dùng tăng 0,05% so với tháng trước, tương phản 0,06% rơi được ghi lại trong ngày. Theo Tổng Cục thống kê của Việt Nam, các mức giá cao hơn cho quần áo và giày dép là tốt đối với văn hóa, giải trí và du lịch bù đắp thấp hơn giá cho dịch vụ bưu chính và truyền thông cũng như đối với lưu lượng truy cập. Là kết quả của sự gia tăng hàng tháng, hàng năm lạm phát đã tăng từ 6,4% năm để 6,7% vào tháng sáu. Mặc dù sự gia tăng, Trung bình hàng năm là không thay đổi lúc May 6,5%.FocusEconomics sự đồng thuận thời panellists mong đợi tiêu đề lạm phát trung bình 7,5% vào năm 2013, nằm xuống cách 0.3 phần trăm từ cuối tháng thời. Theo bảng điều khiển, lạm phát trung bình sẽ tăng 7,8% vào năm 2014.Vietnam: Inflation hits nine-month low in MayMay 24, 2013In May, consumer prices decreased 0.06% over the previous month, which contrasted the 0.02% increase recorded in April. According to the General Statistics Office of Vietnam, lower prices for food and foodstuffs as well as for housing and construction materials were partially offset by higher prices for medicine and healthcare.As a result of the subdued monthly reading, annual inflation edged down from 6.6% in April to 6.4% in May, which marks the lowest print since August 2012. As a result, annual average inflation fell from 6.7% in April to 6.5% in May, the lowest level observed since June 2010.FocusEconomics Consensus Forecast panellists expect headline inflation to average 7.5% in 2013, which is down 0.3 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 7.8% in 2014.Vietnam: Inflation inches down in AprilApril 24, 2013In April, consumer prices increased 0.02% over the previous month, which contrasted the 0.19% drop recorded in March. According to the General Statistics Office of Vietnam, higher prices for medicine and healthcare as well as for traffic were virtually offset by lower prices for food and foodstuffs as well as for housing and construction materials.As a result of the flat monthly reading, annual inflation inched down from 6.7% in March to 6.6% in April. In addition, annual average inflation fell from 7.0% in March to 6.7%, the lowest level observed since July 2010.
FocusEconomics Consensus Forecast panellists expect headline inflation to average 8.1% in 2013, which is up 0.1 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 8.2% in 2014.


Vietnam: Inflation falls in March
March 23, 2013
In March, consumer prices decreased 0.19% over the previous month, which contrasted the 1.33% increase recorded in February. According to the General Statistics Office of Vietnam, the decline was mainly driven by lower prices for food and foodstuff.

Building on the monthly price fall, annual inflation edged down from 7.0% in February to 6.7% in March. In addition, annual average inflation fell from 7.6% in February to 7.0%, the lowest level since July 2010.

FocusEconomics Consensus Forecast panellists expect headline inflation to average 8.1% in 2013, which is up 0.1 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 8.2% in 2014.


Vietnam: Inflation rises in February
February 25, 2013
In February, consumer prices rose 1.33% over the previous month, which was above the 1.25% increase recorded in January. According to the General Statistics Office of Vietnam, the reading was driven by higher prices for medicine and health care.

Despite the monthly price rise, annual inflation edged down from 7.1% in January to 7.0% in February. In addition, annual average inflation fell from 8.3% in January to 7.6%, the lowest level since August 2010.

FocusEconomics Consensus Forecast panellists expect headline inflation to average 8.3% in 2013, which is up 0.3 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 8.7% in 2014.


Vietnam: Inflation picks up in January
January 24, 2013
In January, consumer prices rose 1.25% over the previous month, which was above the 0.27% increase recorded in December. According to the General Statistics Office of Vietnam, the reading was driven by higher prices for medicine and health care.

As a result of the monthly price rise, annual inflation edged up from 6.8% in December to 7.1% in January. Nonetheless, annual average inflation fell from 9.1% in December to 8.3% in January, the lowest level since October 2010.
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