Tag: consumer-price-index
Vietnam’s consumer price index rises by 3.25% in 2023
VOV.VN - Vietnam recorded annual growth of 3.25% in the 2023 consumer price index (CPI), while core inflation increased by 4.16%, the General Statistics Office (GSO) said on December 29.
Ministry forecasts CPI to grow 3.2-3.6% this year
Vietnam’s consumer price index (CPI) is projected to grow between 3.2% and 3.6% this year, the Ministry of Finance said at a meeting of the Steering Committee on Price Management in Hanoi on October 11.
Deputy PM: price control in nine months effective
Price control work was effective in the first nine months of this year, with the average consumer price index (CPI) in the period up 3.16% year on year, leaving plenty of room to maintain stability in prices, said Deputy Prime Minister Le Minh Khai.
GDP grows by 5.33% in Q3
VOV.VN - Vietnam’s gross domestic product (GDP) in the third quarter of the year grew by 5.33% on-year while the consumer price index (CPI) in September soared by 1.08% compared to the previous month, according to the General Statistics Office (GSO).
Petrol and rice price hike pushes up CPI over eight months to 3.1%
VOV.VN - The rising prices of petrol and domestic rice in line with global prices have pushed Vietnam’s consumer price index (CPI) during the eight-month period to 3.1% on-year, according to the General Statistics Office (GSO) on August 29.
Vietnam’s economic growth projected to rebound from 2024
Vietnam’s economic growth is likely to rebound in 2024 and 2025, according to Dorsati Madani, Senior Economist at the World Bank (WB).
Inflation stable, State-managed prices can be adjusted
As inflation is reported to be under control, there is room to adjust prices of State–managed goods and services in the remaining months of this year.
National 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.
Vietnam’s regulatory interest rates to further down in third quarter: UOB
The United Overseas Bank (UOB) has lowered its 2023 economic growth forecast for Vietnam from 6% to 5.2%, and forecast that Vietnam will continue to cut regulatory interest rates in the third quarter this year to stimulate its economy.
GSO head points to factors affecting Vietnam’s efforts to curb inflation
An 20.8% increase in the base salary for civil servants, public employees, and members of the armed forces from July 1 will lead to rises in prices of other goods and services, which may put a pressure on curbing 2023’s inflation, according to General Director of the General Statistics Office (GSO) Nguyen Thi Huong.