July’s Consumer Price Index (CPI) picked up 0.62% month on month and 2.64% against the same month last year, the General Statistics Office (GSO) announced on July 29.
The March CPI in Hanoi fell 0.21% month-on-month but rose 1.12% year-on-year, according to the municipal Statistics Office.
While there are several upside risks, moderating food prices should keep Vietnam’s inflation under control.
Many supermarkets in HCM City have reduced prices of essential goods to share with customers during the pandemic.