Update news CPI

November’s CPI grows 3.45%

The consumer price index (CPI) for November has gone up by 0.25% compared to the previous month and 3.45% to the same period last year, announced the General Statistics Office (GSO) on November 29.

National CPI increases 0.88% in August

Vietnam's consumer price index (CPI) in August increased 0.88% month-on-month, fueled by higher prices of petroleum, rice and housing, the General Statistics Office (GSO) announced on August 29.

Vietnam's CPI up 0.45% in July

The national consumer price index (CPI) in July grew by 0.45% month-on-month, fueled by higher prices of food, foodstuff and electricity, the General Statistics Office (GSO) said on July 29.

Six-month core inflation rises 4.74%: GSO

The General Statistics Office of Vietnam (GSO) announced on May 29 that the first half of 2023 saw the consumer price index (CPI) rise by 3.29% and core inflation grow by 4.74% from the same period last year.

Goods prices rise, but CPI remains relatively stable

The General Statistics Office (GSO) says that, for statisticians, there is "no beautiful number or ugly number, but only numbers that truly reflect the socio-economic situation".

April consumer price index drops 0.34%

The consumer price index (CPI) in April recorded a decline of 0.34% over the previous month, the General Statistics Office (GSO) reported on April 29.

Vietnam’s CPI inches up in Q1

Vietnam’s consumer price index (CPI) in the year’s first quarter edged up around 4.3% year-on-year, showed official data.

Chinese reopening and global fuel price strife to influence CPI

A continued hike in fuel prices partly following China’s ongoing economic recovery is expected to cause pressure on Vietnam’s efforts to rein in inflation this year.

January’s CPI increases 0.52% due to high Tet demand

Vietnam’s consumer price index (CPI) in January edged up by 0.52 % month-on-month, fueled by high consumer demand for the Lunar New Year or Tet which fell in the same month, the General Statistics Office said on January 29.

Should the personal income tax law be amended before 2026?

While analysts and workers hope the personal income law (PIT) will be amended as soon as possible, the Ministry of Justice (MOJ) says it plans to amend the law in 2026.

Vietnam's consumer price index up 3.15% in 2022

Vietnam recorded year-on-year growth of 3.15% in the 2022 consumer price index (CPI) while core inflation increased 2.59%, the General Statistics Office (GSO) said on December 29.

Investment & Planning Ministry explains inflation calculation method

National Assembly deputies have asked the Ministry of Planning and Investment (MPI) to clarify if the basket of goods used by GSO to calculate CPI can truly reflect the impact of increased prices of goods and services.

Rumors of sharp consumer price rises denied

The head of the Price Statistics Department at the General Statistics Office (GSO), Nguyen Thu Oanh, has rejected rumors that consumer prices have soared 10-20% this year.

Vietnam jumps from bottom of Covid-19 Recovery Index to top position

Thanks to Vietnam’s strong recovery in production, low inflation, and financial market stabilization, Nikkei Asia has lifted its Covid-19 Recovery Index for Vietnam from the bottom of the list to the second spot in its latest edition.

CPI in 2022 forecast to expand at 3.27-3.51%

Vietnam’s consumer price index (CPI) this year is expected to rise 3.27% to 3.51%, the Ministry of Finance said at a meeting with Deputy Prime Minister Le Minh Khai on October 13.

Vietnam's CPI rises over 3% in Q3

Vietnam’s Consumer Price Index (CPI) in the third quarter of this year inched up 3.32% against the same period last year, according to data released by the General Statistics Office (GSO) on September 29.

Vietnam’s CPI up 2.58% in January-August

Vietnam’s consumer price index (CPI) in August increased slightly by 0.005% from the previous month, 3.6% against December 2021, and 2.89% year-on-year, the General Statistics Office (GSO) announced on August 29.

CPI method of calculation is correct: economist

“Someone told me they had a feeling that the CPI is not correct. I asked them on what grounds. Scientifically, that cannot be proven,” said economist Vo Tri Thanh.

Petrol prices fall but savings not passed on to goods

Experts gathered in Hanoi on August 4 to discuss how to deal with the continuing high prices of commodities in Vietnam despite petrol prices being reduced.

Vietnam spends US$5 billion importing oil in H1

Vietnam imported petroleum products worth US$5 billion the first half of the year, surging by 128% year on year.