The rise was mainly driven by two key factors - a surge in food prices in flood-hit provinces following recent storms, and higher fuel prices and transport costs amid increased travel demand.

In November alone, CPI went up 0.45% from October, 3.28% from December 2024, and 3.58% year on year, the NSO reported. Core inflation over the same period rose 3.21%.

Nine out of 11 major consumer goods and service groups recorded price increases during the nine months. Transport costs posted the biggest jump of 1.07%, contributing 0.11% to the overall CPI rise. Food and catering services were up 0.95%; household goods edged up 0.17%; and clothing, hats, and footwear increased 0.12% on growing winter demand.

Gold prices posted sharp gains in November. The domestic gold price index jumped 1.9% month on month and 64.44% from a year earlier, following global price increases as expectations of US interest rate cuts, a weaker dollar, and geopolitical tensions boosted demand for safe-haven assets.

On average, in the first eleven months of 2025, the gold price index increased by 45.77% over the same period last year.

The domestic US dollar price index fell 0.11% in November but remained 3.6% higher year on year. 11-month US dollar price index was up 3.94% from the same period last year, the NSO said.

September CPI rises 0.42% on higher education, food, housing costs

Vietnam’s consumer price index (CPI) edged up 0.42% in September from the previous month, propelled by higher costs in non-public education services, food, and housing maintenance materials, Director of the National Statistics Office (NSO) under the Ministry of Finance Nguyen Thi Huong told a press briefing in Hanoi on October 6.