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The gross domestic products (GDP) of Vietnam grew 2.12 per cent in the first nine months of this year, the lowest nine-month growth rate in the 2011-2020 period, the General Statistics Office said.
With the new threshold in place, set to take effect from January 1, 2020 retrospectively, there would be more than 1 million people whose incomes are not taxable.
The petrol price has decreased by VND5,000 per liter after seven adjustments, but the prices of other goods remain unchanged.
CP Vietnam, the largest animal husbandry company, says that animal feed supply could run out by the end of May.
Vietnam is likely to experience difficulties in controlling inflation this year due to global uncertainties and unexpected price rises of many items in the local market in the wake of the ongoing coronavirus epidemic.
Keeping the inflation rate at 4 percent in 2020 will be a challenging task, not only because of the pork price escalation, but also money excess.
If the nCoV epidemic lasts a long time, the GDP is expected to decrease.
The consumer price index (CPI) has increased by 22 percent compared with July 2013, when the 2012 amended PIT Law took effect. However, the taxation threshold remains unchanged.
Vietnam’s consumer price index (CPI) in January hit a record high, up 1.23 percent over the previous month and 6.43 percent year on year, according to the General Statistics Office (GSO).
Vietnam gained a high GDP growth rate of 7.02 percent in 2019. However, many problems still exist.
Many problems arose in the last months of 2019, which sparked the worry that 2020 would be a tough year for Vietnam’s economy.
The average inflation rate in 2019 was low at 2.79 percent. However, the inflation rate in December 2019 reached 5.23 percent compared with December 2018, and this is worrying.
The fluctuating price of pork last year had significant impacts on the market, as the price plummeted in the first half of the year then soared in...
The prices of multiple products and services are forecast to rise this year, putting pressure on inflation.
The industrial production index went down in November with the decline of both mining and manufacturing industries. This is a big surprise in the context of stable global and domestic demand.
icon Thế giới
Chỉ số giá tiêu dùng (CPI) tại Trung Quốc đã nhảy lên mức 3,8% trong tháng 10/2019, mức cao nhất từ năm 2012 do giá thịt lợn đã tăng gấp đôi trong vòng 1 năm qua.
Vietnam's GDP growth rate is expected to surpass the target and reach 6.8-7 percent.
Though they are optimistic about the economic performance in the first nine months of the year, economists still warn that in the long term,m Vietnam’s economy may be influenced by a global recession.