Vietnam Inflation Rate

Last Release

Mar 31, 2024

Actual

3.97

Units In

3.98

Frequency

Monthly

Next Release

Apr 29, 2024

Time to Release

28 Days 1 Hours

Highest	Lowest	Average	Date Range	Source
28.24 Aug 2008	-2.6 Jul 2000	5.72 %	1996-2024	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 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.