Economists at a workshop in Hanoi on January 4 shared the view that despite a host of difficulties forecast for 2024, inflation would not be a big issue for Vietnam in the year.

Hanoi’s consumer price index (CPI) in 2023 is estimated to increase 2.04% year-on-year, according to the Hanoi Statistics Office.

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.

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.

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.

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).

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 is likely to rebound in 2024 and 2025, according to Dorsati Madani, Senior Economist at the World Bank (WB).

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.

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.