The annual inflation rate in Vietnam stood at 3.97% in March 2024, from a 12-month high of 3.98% in the previous month. Prices softened mainly for food (4.05% vs 4.23% in February), housing and construction materials (4.87% vs 4.95%), and culture, entertainment & tourism (1.45% vs 1.71%). On the other hand, costs increased for education (10.12% vs 8.55%) and transport (2.68% vs 2.55%). The annual core inflation, which excludes volatile items, slowed to 2.76% from a prior 2.96%. On a monthly basis, consumer prices decreased by 0.23% in March, after a 1.04% rise in February, which was the highest in five months. source: General Statistics Office of Vietnam
Inflation Rate in Vietnam decreased to 3.97 percent in March from 3.98 percent in February of 2024. Inflation Rate in Vietnam averaged 5.72 percent from 1996 until 2024, 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 April of 2024.
Inflation Rate in Vietnam decreased to 3.97 percent in March from 3.98 percent in February of 2024. Inflation Rate in Vietnam is expected to be 3.50 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 3.20 percent in 2025 and 3.40 percent in 2026, according to our econometric models.